M&A Deal Summary

Detroit Renewable Energy Acquires Hamtramck Energy Services

On November 16, 2010, Detroit Renewable Energy acquired renewable energy company Hamtramck Energy Services

Acquisition Highlights
  • This is Detroit Renewable Energy’s 1st transaction in the Renewable Energy sector.
  • This is Detroit Renewable Energy’s 1st transaction in the United States.
  • This is Detroit Renewable Energy’s 1st transaction in Michigan.

M&A Deal Summary

Date 2010-11-16
Target Hamtramck Energy Services
Sector Renewable Energy
Buyer(s) Detroit Renewable Energy
Deal Type Add-on Acquisition

Target

Hamtramck Energy Services

Detroit, Michigan, United States
Hamtramck Energy Services LLC provides third-party expertise in managing and staffing powerhouses and wastewater treatment facilities for diverse industries and operations such as manufacturing, healthcare/hospitality, colleges and university campuses, airports and more.

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Buyer(S) 1

Buyer

Detroit Renewable Energy

Detroit, Michigan, United States

Category Company
Founded 2010
Sector Renewable Energy
DESCRIPTION

Detroit Renewable Energy LLC is comprised of three independent operating subsidiaries with infrastructure assets critical to the supply and distribution of renewable energy, as well as the management of solid waste, in the City of Detroit. Detroit Renewable Energy was formed in November 2010.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1