M&A Deal Summary |
|
|---|---|
| Date | 2024-09-03 |
| Target | St1 Biokraft |
| Sector | Renewable Energy |
| Buyer(s) |
HitecVision
St1 Aneo |
| Deal Type | Joint Venture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 8.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
HitecVision is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest €150 to €500 million in companies. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.
| DEAL STATS | # |
|---|---|
| Overall | 63 of 64 |
| Sector: Renewable Energy M&A | 4 of 4 |
| Type: Joint Venture M&A Deals | 4 of 4 |
| Country: Sweden M&A | 1 of 1 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-08 |
Moreld
Stavanger, Norway Moreld is an industrial group created through the merger of a number of small and medium-sized companies in HitecVision’s portfolio. As the energy sector prepares for a transition towards a low-carbon future, Moreld will seize opportunities to increase its foothold in sectors such as aquaculture, offshore wind, and other relevant renewable energy sectors, whilst continuing to nurture existing oil service operations. Moreld was founded in 2020 and is based in Stavanger, Norway. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-06 |
Hav Energy
Sandnes, Norway Hav Energy is a maritime liquefied natural gas carrier (“LNGC”) infrastructure platform. Hav Energy was founded in 2022 and is based in Sandnes, Norway. |
Sell | - |
St1 is an energy group whose vision is to be a producer and seller of CO? aware energy. The group researches and develops energy solutions that are economically viable and more environmentally sustainable. St1 focuses on fuel marketing, oil refining, and renewable energy solutions such as waste-based advanced biofuels and industrial wind power. St1 was founded in 1997 and is based in Helsinki, Finland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| Country: Sweden M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-02 |
St1 Nordic- Biogas assets
Helsinki, Finland St1 Nordic's Biogas assets is a biogas production and upgrading plants, as well as a logistics company. St1 Nordic's Biogas assets is based in Helsinki, Finland. |
Sell | - |
Aneo is a Nordic company that invests in renewable energy production, electrification, and energy efficiency. Aneo is one of the wind power, with an annual production of over 6 TWh and which owns 1.2 TWh of wind. Aneo was founded in 2022 and is based in Trondheim, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Renewable Energy M&A | 2 of 2 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| Country: Sweden M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-02 |
Biokraft
Stockholm, Sweden Biokraft produces renewable energy from nearly any kind of organic waste. The digestion and gas cleaning process developed by Biokraft takes large-scale production of biogas to a higher efficiency level. Biokraft was founded in 2005 and is based in Stockholm, Sweden. |
Sell | - |
