Add-on Acquisition • Energy Services and Equipment

PHG Energy Acquires ARiES Energy

On September 11, 2015, PHG Energy acquired energy services and equipment company ARiES Energy

Acquisition Context
  • This is PHG Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is PHG Energy’s 1st transaction in the United States.
  • This is PHG Energy’s 1st transaction in Tennessee.

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M&A Deal Summary

Date September 11, 2015
Target ARiES Energy
Sector Energy Services and Equipment
Buyer(s) PHG Energy
Deal Type Add-on Acquisition

Target Company

ARiES Energy

Knoxville, Tennessee, United States
ARiES Energy LLC is a solar, lighting and energy efficiency company has successfully provided solar photovoltaic, LED lighting, power conditioning and energy efficiency systems for commercial businesses, residences and municipalities in the Southeast.
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Buyer Overview 1

Buyer

PHG Energy

Nashville, Tennessee, United States

Category Company
Founded 2010
Sector Energy Services and Equipment
DESCRIPTION

PHG Energy LLC is a manufactures and installs industrial-grade gasification equipment that cleanly converts biomass waste into a fuel gas that can be used like natural gas to produce thermal or electrical power.


Deal Context for Buyer #
Overall 1 of 1
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 1 of 1
State: Tennessee 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1