Add-on Acquisition • Business Services

PosiGen Acquires New England Conservation Services

On October 12, 2022, PosiGen acquired business services company New England Conservation Services

Acquisition Context

This is PosiGen’s 1st transaction in the Business Services sector.
This is PosiGen’s 1st transaction in the United States.
This is PosiGen’s 1st transaction in Connecticut.

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M&A Deal Summary
Date	October 12, 2022
Target	New England Conservation Services
Sector	Business Services
Buyer(s)	PosiGen
Deal Type	Add-on Acquisition

Target Company

New England Conservation Services

Wallingford, Connecticut, United States

New England Conservation Services is an active provider of residential energy efficiency services. The company provides cost-effective energy efficiency solutions to more than 40,000 homes. New England Conservation Services was formed in 2006 and is based in Wallingford, Connecticut.

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Buyer Overview 1

Buyer

PosiGen

St. Rose, Louisiana, United States

Category	Company
Founded	2011
Sector	Renewable Energy

DESCRIPTION

PosiGen is a provider of solar power and energy efficiency to homeowners. PosiGen offers lease and purchase options for solar power systems, and energy efficiency upgrades. PosiGen was founded in 2011 and is based in St. Rose, Louisiana.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Connecticut	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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