M&A Deal Summary

MyPower Acquires Solstice Power Technologies

On October 12, 2022, MyPower acquired renewable energy company Solstice Power Technologies

Acquisition Highlights
  • This is MyPower’s 1st transaction in the Renewable Energy sector.
  • This is MyPower’s 1st transaction in the United States.
  • This is MyPower’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-10-12
Target Solstice Power Technologies
Sector Renewable Energy
Buyer(s) MyPower
Deal Type Add-on Acquisition

Target

Solstice Power Technologies

Cambridge, Massachusetts, United States
Solstice Power Technologies is a service provider specialized in customer management for community solar development. Solstice Power Technologies was founded in 2016 and is based in Cambridge, Massachusetts.

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Buyer(S) 1

Buyer

MyPower

San Mateo, California, United States

Category Company
Sector Business Services
DESCRIPTION

MyPower is an energy infrastructure investment company primarily focused on energy and sustainability management. MyPower is based in San Mateo, California.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1