M&A Deal Summary

Alteris Renewables Acquires Renewable Power Systems

On June 10, 2009, Alteris Renewables acquired renewable energy company Renewable Power Systems

Acquisition Highlights
  • This is Alteris Renewables’ 1st transaction in the Renewable Energy sector.
  • This is Alteris Renewables’ 1st transaction in the United States.
  • This is Alteris Renewables’ 1st transaction in New York.

M&A Deal Summary
Date 2009-06-10
Target Renewable Power Systems
Sector Renewable Energy
Buyer(s) Alteris Renewables
Deal Type Add-on Acquisition

Target

Renewable Power Systems

Averill Park, New York, United States
Renewable Power Systems LLC is a provider of solar designer and installation services.

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Buyer(S) 1

Buyer

Alteris Renewables

Wilton, Connecticut, United States
Category Company
Founded 1980
Sector Renewable Energy
DESCRIPTION

Earth Friendly Energy Group Holdings LLC (dba Alteris Renewables) was a renewable energy company in the Northeast with more than 30 MW installed. Earth Friendly Energy Group was formed in 1980 and was based in Wilton, Connecticut.

DEAL STATS #
Overall 1 of 2
Sector (Renewable Energy) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 2
Country (United States) 1 of 2
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-11 ISI Solar

New City, New York, United States

ISI Solar LLC is a designer and installer of solar electric systems.

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