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  6. Principal Solar Acquires Zona Energy

M&A Deal Summary

Principal Solar Acquires Zona Energy

On November 4, 2019, Principal Solar acquired oil/gas exploration company Zona Energy

Acquisition Highlights
  • This is Principal Solar’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Principal Solar’s 1st transaction in the United States.
  • This is Principal Solar’s 1st transaction in Texas.

M&A Deal Summary
Date 2019-11-04
Target Zona Energy
Sector Oil/Gas Exploration
Buyer(s) Principal Solar
Deal Type Add-on Acquisition

Target

Zona Energy

Dallas, Texas, United States
Zona Energy, Inc. is focused on a generational opportunity in the independent oil and natural gas industry focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

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Buyer(S) 1

Buyer

Principal Solar

Dallas, Texas, United States
Category Company
Sector Renewable Energy
Employees2
DESCRIPTION

Principal Solar is a renewable energy company focused on acquiring, building, owning, and managing solar generation facilities. Principal Solar was founded in 2012 and is based in Dallas Texas.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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