M&A Deal Summary

Aria Energy Acquires Innovative Energy Systems

On November 14, 2014, Aria Energy acquired renewable energy company Innovative Energy Systems from Landfill Energy Systems

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

M&A Deal Summary

Date 2014-11-14
Target Innovative Energy Systems
Sector Renewable Energy
Buyer(s) Aria Energy
Sellers(s) Landfill Energy Systems
Deal Type Divestiture

Target

Innovative Energy Systems

Oakfield, New York, United States
Innovative Energy Systems LLC is a operates a portfolio of 11 landfill gas-to-energy projects.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Aria Energy

Novi, Michigan, United States

Category Company
Founded 1996
Sector Renewable Energy
DESCRIPTION

Aria Energy projects generate enough energy to remove the equivalent of 1.5 billion gallons of gasoline emissions from the atmosphere. The company's values foster a safe, high-integrity work environment where it employs rigorous analytics to all aspects of our business. Aria Energy proactively works with the full range of stakeholders for the betterment and well-being of its environment and community. Aria Energy was formed in 1996 and is based in Novi, Michigan.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-10 LES Project Holdings

Novi, Michigan, United States

LES Project Holdings consists of a portfolio of 16 operating landfill gas-to-energy projects in Michigan, New Jersey, Florida, California, Utah, North Carolina, and Virginia, with a total of 90 megawatts of nameplate generating capacity. The projects sell renewable electricity to investment-grade utilities under long-term contracts. LES Project Holdings is based in Novi, Michigan.

Sell -

Seller(S) 1

SELLER

Landfill Energy Systems

United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Landfill Energy Systems LLC provides energy services.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-16 Innovative Energy Systems

Oakfield, New York, United States

Innovative Energy Systems LLC is a operates a portfolio of 11 landfill gas-to-energy projects.

Buy -