M&A Deal Summary

Greenbacker Renewable Energy Co. Acquires Telyon

On August 22, 2023, Greenbacker Renewable Energy Co. acquired renewable energy company Telyon

Acquisition Highlights
  • This is Greenbacker Renewable Energy Co.’s 6th transaction in the Renewable Energy sector.
  • This is Greenbacker Renewable Energy Co.’s 6th transaction in the United States.
  • This is Greenbacker Renewable Energy Co.’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2023-08-22
Target Telyon
Sector Renewable Energy
Buyer(s) Greenbacker Renewable Energy Co.
Deal Type Add-on Acquisition
Advisor(s) Hogan Lovells (Legal)

Target

Telyon

Old Saybrook, Connecticut, United States
Telyon is a turnkey renewable energy developer within the commercial and industrial sector. Telyon is based in Old Saybrook, Connecticut.

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Buyer(S) 1

Buyer

Greenbacker Renewable Energy Co.

New York, New York, United States

Category Company
Founded 2012
Sector Renewable Energy
DESCRIPTION

Greenbacker Renewable Energy Co. LLC engages in acquiring and financing the construction and/or operation of income-generating renewable energy, energy efficiency, and sustainable development projects primarily in North America. Its investments in alternative energy generation portfolios cover solar and wind energy projects. The company was founded in 2012 and is based in New York, New York.


DEAL STATS #
Overall 6 of 6
Sector: Renewable Energy M&A 6 of 6
Type: Add-on Acquisition M&A Deals 3 of 3
State: Connecticut M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Hecate Energy - New York Solar Projects

Chicago, Illinois, United States

New York's three Solar Projects are pre-operational, utility-scale solar projects that will deliver 50 MWac of solar power to consumers in the tri-state area.

Buy -