M&A Deal Summary

Envision Energy Acquires Velocita Energy

On December 5, 2016, Envision Energy acquired renewable energy company Velocita Energy from Forsa Energy

Acquisition Highlights
  • This is Envision Energy’s 1st transaction in the Renewable Energy sector.
  • This is Envision Energy’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-12-05
Target Velocita Energy
Sector Renewable Energy
Buyer(s) Envision Energy
Sellers(s) Forsa Energy
Deal Type Add-on Acquisition

Target

Velocita Energy

London, United Kingdom
Velocita Energy is a wind energy company formed to develop, construct, own and operate wind assets in select European markets. The Company is focused on green-field development as well as acquisition of selected assets with the aim of creating a diversified European wind asset portfolio. Velocita Energy is based in London, England.

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

Envision Energy

Shanghai, China

Category Company
Founded 2007
Sector Renewable Energy
DESCRIPTION

Envision Energy is an intelligent IoT operating system, EnOS, currently managing 100GW of energy assets globally. Integrating Sonnen, ChargePoint, AutoGrid, and Bazefield etc., Envision is building a comprehensive global energy IoT and smart city ecosystem. Envision Energy was founded in 2007 and is based in Shanghai, China.


DEAL STATS #
Overall 1 of 2
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-03 Automotive Energy Supply

Zama City, Japan

Automotive Energy Supply Corp. is a developer, manufacturer, and seller of high performance lithium-ion batteries for automotive applications. Automotive Energy Supply was founded in 2007 and is based in Zama City, Japan.

Buy -

Seller(S) 1

SELLER

Forsa Energy

Greenock, United Kingdom

Category Company
Founded 2011
Sector Utilities
DESCRIPTION

Forsa Energy is an independent power producer platform focused on providing flexible power solutions to support the UK’s transition to renewable energy. Forsa Energy was founded in 2011 and is based in Greenock, Scotland.


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: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1