Add-on Acquisition • Renewable Energy

Énergir Acquires Standard Solar

On March 7, 2017, Énergir acquired renewable energy company Standard Solar

Acquisition Context
  • This is Énergir’s 1st transaction in the Renewable Energy sector.
  • This is Énergir’s 1st transaction in the United States.
  • This is Énergir’s 1st transaction in Maryland.

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M&A Deal Summary

Date March 7, 2017
Target Standard Solar
Sector Renewable Energy
Buyer(s) Énergir
Deal Type Add-on Acquisition
Advisor(s) Macquarie Capital (Financial)

Target Company

Standard Solar

Rockville, Maryland, United States
Standard Solar, Inc. is a solar energy company specializing in the development and financing of solar electric systems nationwide. Dedicated to making Distributed Generation (DG) solar more accessible to businesses, institutions, governments and utilities, the company is forging the path for clean, renewable energy development through turnkey solutions.
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Buyer Overview 1

Buyer

Énergir

Montreal, Quebec, Canada

Category Company
Founded 1957
Sector Renewable Energy
Employees2,245
DESCRIPTION

Énergir is an energy provider. Énergir is actively involved in developing and operating innovative, promising energy projects, including natural gas as fuel, liquefied natural gas as a replacement for higher emission-producing energies, the production of wind and solar power and the development of biomethane. Énergir was founded in 1957 and is based in Montreal, Quebec.


Deal Context for Buyer #
Overall 1 of 1
Sector: Renewable Energy 1 of 1
Type: Add-on Acquisition 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1