M&A Deal Summary

Longroad Energy Holdings Acquires 7X Energy - 3.0 GW Solar Portfolio

On January 17, 2017, Longroad Energy Holdings acquired renewable energy company 7X Energy - 3.0 GW Solar Portfolio from 7X Energy

Acquisition Highlights
  • This is Longroad Energy Holdings’ 1st transaction in the Renewable Energy sector.
  • This is Longroad Energy Holdings’ 1st transaction in the United States.
  • This is Longroad Energy Holdings’ 1st transaction in Texas.

M&A Deal Summary
Date 2017-01-17
Target 7X Energy - 3.0 GW Solar Portfolio
Sector Renewable Energy
Buyer(s) Longroad Energy Holdings
Sellers(s) 7X Energy
Deal Type Divestiture

Target

7X Energy - 3.0 GW Solar Portfolio

Austin, Texas, United States
7X Energy, Inc. - 3.0 GW Solar Portfolio includes 12 utility-scale solar projects comprising nearly 1.5 GW of total capacity.

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Buyer(S) 1

Buyer

Longroad Energy Holdings

Boston, Massachusetts, United States
Category Company
Founded 2016
Sector Renewable Energy
DESCRIPTION

Longroad Energy Holdings LLC is focused on renewable energy project development in the United States. Longroad also provides asset management and operation and maintenance services.

DEAL STATS #
Overall 1 of 2
Sector (Renewable Energy) 1 of 2
Type (Divestiture) 1 of 2
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Longroad Energy Holdings - 72.6 Megawatt Weaver Wind Project

Massachusetts, United States

Longroad Energy Holdings's 72.6 Megawatt Weaver Wind Project is a provider of renewable energy. Longroad Energy Holdings's 72.6 Megawatt Weaver Wind Project is based in Massachusetts.

Sell -

Seller(S) 1

SELLER

7X Energy

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

7X Energy, Inc. is an Austin-based company focused on the development, delivery and management of renewable energy for utilities, municipalities, cooperatives and large corporate customers.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Mergr

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