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  6. FuelPositive Acquires Infinium Generation

M&A Deal Summary

FuelPositive Acquires Infinium Generation

On February 24, 2020, FuelPositive acquired utilities company Infinium Generation

Acquisition Highlights
  • This is FuelPositive’s 1st transaction in the Utilities sector.
  • This is FuelPositive’s 1st transaction in Canada.
  • This is FuelPositive’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-02-24
Target Infinium Generation
Sector Utilities
Buyer(s) FuelPositive
Deal Type Add-on Acquisition

Target

Infinium Generation

Montreal, Ontario, Canada
Infinium Generation Ltd. is involved in research and development and commercial activities related to NH3 fuel, generated from a patented and scalable process. INFINIUM fuel is generated from air and water (nitrogen and hydrogen) at any location where fuel is needed in any quantity required. Being a clean and renewable energy source, INFINIUM fuel does not emit any carbon air pollution. Its only emissions are nitrogen (an essential fertilizer) and pure drinking water with zero impact on the environment.

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Buyer(S) 1

Buyer

FuelPositive

Waterloo, Ontario, Canada
Category Company
Founded 2000
Sector Electrical Equipment
Revenue 12M CAD (2023)
DESCRIPTION

FuelPositive is a developer of high energy density solid-state capacitor technology utilizing patented Composition Modified Barium Titanate (CMBT) material. EEStor is committed to providing commercially viable and sustainable energy solutions across a broad spectrum of industries and applications. FuelPositive was founded in 2000 and is based in Waterloo, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
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