M&A Deal Summary

Enphase Acquires ClipperCreek

On November 16, 2021, Enphase acquired utilities company ClipperCreek

Acquisition Highlights
  • This is Enphase’s 1st transaction in the Utilities sector.
  • This is Enphase’s 2nd transaction in the United States.
  • This is Enphase’s 2nd transaction in California.

M&A Deal Summary

Date 2021-11-16
Target ClipperCreek
Sector Utilities
Buyer(s) Enphase
Deal Type Add-on Acquisition

Target

ClipperCreek

Auburn, California, United States
ClipperCreek offers electric vehicle (EV) charging solutions for residential and commercial customers. ClipperCreek was founded in 2006 and is based in Auburn, California.

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Buyer(S) 1

Buyer

Enphase

Fremont, California, United States

Category Company
Founded 2006
Sector Renewable Energy
Employees2,781
Revenue 1.3B USD (2024)
DESCRIPTION

Enphase is a global energy technology company that connects solar energy to every home, business, and community. Enphase was founded in 2006 and is based in Fremont, California.


DEAL STATS #
Overall 3 of 6
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 5
State: California M&A 2 of 3
Country: United States M&A 2 of 4
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 DIN Engineering Services - Solar Design Services Business

Noida, India

Solar Design Services Business is a provider of outsourced proposal drawings and permits plan sets for residential solar installers in North America.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 365 Pronto

Scottsdale, Arizona, United States

365 Pronto is a predictive software platform dedicated to simplifying the cleantech service landscape by matching cleantech asset owners to a local and on-demand workforce of service providers. 365 Pronto was founded in 2018 and is based in Scottsdale, Arizona.

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