M&A Deal Summary

Halo Energy Acquires Ogin - Wind-Turbine Technology

On December 19, 2017, Halo Energy acquired energy services and equipment company Ogin - Wind-Turbine Technology from Ogin

Acquisition Highlights
  • This is Halo Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is Halo Energy’s 1st transaction in the United States.
  • This is Halo Energy’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2017-12-19
Target Ogin - Wind-Turbine Technology
Sector Energy Services and Equipment
Buyer(s) Halo Energy
Sellers(s) Ogin
Deal Type Divestiture

Target

Ogin - Wind-Turbine Technology

Waltham, Massachusetts, United States
Ogin, Inc. - Wind-Turbine Technology provides sub-10kW turbines uniquely suited for on-site generation for telecommunications towers, offshore oil & gas rigs, commercial and industrial facilities, and mobile power plants.

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Buyer(S) 1

Buyer

Halo Energy

Somerville, Massachusetts, United States
Category Company
Founded 2017
Sector Energy Services and Equipment
DESCRIPTION

Halo Energy LLC is a provider of small-scale wind turbines for on-site electrical generation through its compact, high-output shrouded turbine. Halo Energy was founded in 2017 and is based in Somerville, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Ogin

Waltham, Massachusetts, United States
Category Company
Founded 2007
Sector Energy Services and Equipment
DESCRIPTION

Ogin, Inc. is a manufacturer of wind turbines. Ogin was founded in 2007 and is based in Waltham, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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