Add-on Acquisition • Renewable Energy

174 Power Global Acquires OnForce Solar

On September 23, 2019, 174 Power Global acquired renewable energy company OnForce Solar

Acquisition Context

This is 174 Power Global’s 1st transaction in the Renewable Energy sector.
This is 174 Power Global’s 1st transaction in the United States.
This is 174 Power Global’s 1st transaction in New York.

Explore All 405 Add-on Acquisition Renewable Energy Deals - Search the Database Free

M&A Deal Summary
Date	September 23, 2019
Target	OnForce Solar
Sector	Renewable Energy
Buyer(s)	174 Power Global
Deal Type	Add-on Acquisition

Target Company

OnForce Solar

Manhattan, New York, United States

OnForce Solar is a vertically integrated New York City-based solar energy company that develops, designs, engineers, finances, installs and maintains solar energy systems for commercial, municipal and utility-scale customers. OnForce Solar also provides discounted electricity rates through its community solar subscription business. Founded in 2008, OnForce Solar has grown into one of the largest developers of solar energy in New York State. OnForce Solar is headquartered in Manhattan, New York.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

174 Power Global

Irvine, California, United States

Category	Company
Founded	2017
Sector	Renewable Energy

DESCRIPTION

174 Power Global Corp. is a solar energy company that is wholly owned by the Hanwha Group. With deep expertise across the full spectrum of the project development cycle, 174 Power Global works closely with landowners, local communities, financial investors and other partners to build highly productive, utility-scale solar power plants throughout North America.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Renewable Energy	1 of 1
Type: Add-on Acquisition	1 of 1
State: New York	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

Explore Related M&A Activity

Renewable Energy M&A - Add-on Acquisition M&A Deals - New York M&A - United States M&A - 2019 M&A