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  6. Hover Energy Acquires SHINE

M&A Deal Summary

Hover Energy Acquires SHINE

On December 7, 2022, Hover Energy acquired renewable energy company SHINE

Acquisition Highlights
  • This is Hover Energy’s 1st transaction in the Renewable Energy sector.
  • This is Hover Energy’s 1st transaction in the United States.
  • This is Hover Energy’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2022-12-07
Target SHINE
Sector Renewable Energy
Buyer(s) Hover Energy
Deal Type Add-on Acquisition

Target

SHINE

Washington, District of Columbia, United States
SHINE focuses on the development, financing, and asset management of medium to large scale commercial solar, energy storage, distributed wind and clean technology projects. SHINE is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Hover Energy

Dallas, Texas, United States
Category Company
Sector Renewable Energy
DESCRIPTION

Hover Energy designs, develops and deploys Wind-Powered Microgrids, utilizing highly effective global partnerships to help clients to efficiently harness the power of nature to generate power where it's consumed. Hover Energy is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: District of Columbia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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