1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. New York >
  6. Electric Hydrogen Acquires Ambient Fuels

M&A Deal Summary

Electric Hydrogen Acquires Ambient Fuels

On September 8, 2025, Electric Hydrogen acquired renewable energy company Ambient Fuels from Generate Capital

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

M&A Deal Summary
Date 2025-09-08
Target Ambient Fuels
Sector Renewable Energy
Buyer(s) Electric Hydrogen
Sellers(s) Generate Capital
Deal Type Add-on Acquisition

Target

Ambient Fuels

New York, New York, United States
Ambient Fuels is a green hydrogen project developer focused on delivering custom‑engineered solutions. Ambient Fuels is based in New York, New York.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Electric Hydrogen

Devens, Massachusetts, United States
Category Company
Sector Renewable Energy
DESCRIPTION

Electric Hydrogen manufactures, delivers, and commissions electrolyzers to make clean hydrogen projects economically viable. Electric Hydrogen is based in Devens, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Generate Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Generate Capital is an investment group focused on investing in and acquiring growth-oriented sustainable businesses. Specific areas of interest include sustainable energy, sustainable transportation, and sustainable water, waste, and agriculture. Generate Capital was formed in 2014 and is headquartered in San Francisco, California.

DEAL STATS #
Overall 1 of 2
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-21 esVolta

Newport Beach, California, United States

esVolta is a developer, owner, and operator of utility-scale energy storage projects across North America. The company’s portfolio of operational plus contracted projects totals over 900 megawatt hours of storage capacity, and the firm is developing a large pipeline of future storage projects. esVolta is based in Newport Beach, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-05 Atlas Organics

Spartanburg, South Carolina, United States

Atlas Organics is a developer and operator of commercial composting solutions. Atlas Organics is based in Spartanburg, South Carolina.

Sell -
Mergr

Solution for

Product

Company

Legal