M&A Deal Summary

BayWa r.e. Acquires National Solar Distributors

On July 29, 2019, BayWa r.e. acquired distribution company National Solar Distributors

Acquisition Highlights
  • This is BayWa r.e.’s 1st transaction in the Distribution sector.
  • This is BayWa r.e.’s 1st transaction in Canada.
  • This is BayWa r.e.’s 1st transaction in Alberta.

M&A Deal Summary

Date 2019-07-29
Target National Solar Distributors
Sector Distribution
Buyer(s) BayWa r.e.
Deal Type Add-on Acquisition

Target

National Solar Distributors

Edmonton, Alberta, Canada
National Solar Distributors, Inc. is a wholesaler of equipment for the residential and commercial grid-tie markets, as well as for industrial and small off-grid applications. National Solar Distributors, Inc. was founded in 2014 and is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

BayWa r.e.

San Diego, California, United States

Category Company
Founded 2001
Sector Renewable Energy
DESCRIPTION

BayWa r.e. is an operator of renewable energy services in US.


DEAL STATS #
Overall 1 of 5
Sector (Distribution) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-14 BayWa r.e. - North Halifax Solar

Halifax County, North Carolina, United States

North Halifax Solar is a 26.9 MW-dc facility.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 PowerHub

Toronto, Ontario, Canada

PowerHub, Inc. is a provider of software services. PowerHub is based in Toronto, Ontario.

Buy -