Add-on Acquisition • Retail

Axpo Acquires American PowerNet

On December 15, 2025, Axpo acquired retailer American PowerNet

Acquisition Context

This is Axpo’s 1st transaction in the Retail sector.
This is Axpo’s 1st transaction in the United States.
This is Axpo’s 1st transaction in Pennsylvania.

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M&A Deal Summary
Date	December 15, 2025
Target	American PowerNet
Sector	Retail
Buyer(s)	Axpo
Deal Type	Add-on Acquisition

Target Company

American PowerNet

Wyomissing, Pennsylvania, United States

American PowerNet is an independent energy management company that specializes in retail and wholesale electric procurement for large-scale consumers. American PowerNet was founded in 1994 and is based in Wyomissing, Pennsylvania.

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Buyer Overview 1

Buyer

Axpo

New York, New York, United States

Category	Company
Founded	2016
Sector	Renewable Energy

DESCRIPTION

Axpo is focused on providing comprehensive and tailor made risk management solutions to power generators, developers, investors, and consumers. Axpo was founded in 2016 and is based in New York, New York.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Retail	1 of 1
Type: Add-on Acquisition	2 of 2
State: Pennsylvania	1 of 1
Country: United States	1 of 1
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-05-02	Urbasolar Montpellier, France Urbasolar designs and builds turn-key solar photovoltaic facilities. The company develops, builds and operates these green energy production systems on behalf of their owners. Urbasolar was formed in 2006 and is based in Perols, France.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2019-05-02

Urbasolar

Montpellier, France

Urbasolar designs and builds turn-key solar photovoltaic facilities. The company develops, builds and operates these green energy production systems on behalf of their owners. Urbasolar was formed in 2006 and is based in Perols, France.

Buy

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