M&A Deal Summary

Groendus Acquires Rooftop Energy

On June 20, 2019, Groendus acquired renewable energy company Rooftop Energy

Acquisition Highlights
  • This is Groendus’ 1st transaction in the Renewable Energy sector.
  • This is Groendus’ 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-06-20
Target Rooftop Energy
Sector Renewable Energy
Buyer(s) Groendus
Deal Type Add-on Acquisition

Target

Rooftop Energy

Rotterdam, Netherlands
Rooftop Energy develops and operates solar power plants, mainly on the rooftops of commercial buildings. Rooftop Energy has a track record of approximately 175 projects. RTE also develops ground-based projects such as the Bavelse Berg development, a former landfill, with approximately 100,000 solar panels being placed this year. Rooftop Energy was founded in 2011 and is based in Rotterdam, Netherlands.

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Buyer(S) 1

Buyer

Groendus

Utrecht, Netherlands

Category Company
Founded 2021
Sector Renewable Energy
Employees130
DESCRIPTION

Groendus is an operator of a sustainable energy business that helps business customers on their way to 100% clean energy through a combination of smart savings, self-generation and direct purchase and sale of sustainable energy. Groendus was founded in 2021 and is based in Utrecht, Netherlands.


DEAL STATS #
Overall 1 of 5
Sector: Renewable Energy M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Netherlands M&A 1 of 5
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 Greenspread

Woudenberg, Netherlands

Greenspread develops and operates sustainable energy projects and is one of the most well-known sustainable energy advisers in the Netherlands. It takes on the entire process for all forms of sustainable energy (e.g. solar PV, renewable heat, charging points, storage, and hydrogen), from technical feasibility, to design, financing, preparation, installation, and management. Greenspread was founded in 2010 and is based in Woudenberg, Netherlands.

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