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M&A Deal Summary

Carnegie Clean Energy Acquires Energy Made Clean

On October 27, 2016, Carnegie Clean Energy acquired renewable energy company Energy Made Clean

Acquisition Highlights
  • This is Carnegie Clean Energy’s 1st transaction in the Renewable Energy sector.
  • This is Carnegie Clean Energy’s 1st transaction in Australia.

M&A Deal Summary
Date 2016-10-27
Target Energy Made Clean
Sector Renewable Energy
Buyer(s) Carnegie Clean Energy
Deal Type Add-on Acquisition

Target

Energy Made Clean

Belmont, Australia
Energy Made Clean is a clean energy company that provides renewable energy engineering design, construction, commissioning and monitoring services.

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Buyer(S) 1

Buyer

Carnegie Clean Energy

North Fremantle, Australia
Category Company
Founded 1987
Sector Renewable Energy
Revenue 9M USD (2018)
DESCRIPTION

Carnegie Clean Energy is an owner and developer of the patented CETO wave energy technology that converts ocean swell into zero-emission renewable power and desalinated freshwater. Carnegie Clean Energy was founded in 1987 and is based in North Fremantle, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2016 M&A 1 of 1
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