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  6. Relevate Power Acquires Gravity Renewables

M&A Deal Summary

Relevate Power Acquires Gravity Renewables

On December 5, 2024, Relevate Power acquired renewable energy company Gravity Renewables

Acquisition Highlights
  • This is Relevate Power’s 1st transaction in the Renewable Energy sector.
  • This is Relevate Power’s 1st transaction in the United States.
  • This is Relevate Power’s 1st transaction in Colorado.

M&A Deal Summary
Date 2024-12-05
Target Gravity Renewables
Sector Renewable Energy
Buyer(s) Relevate Power
Deal Type Add-on Acquisition

Target

Gravity Renewables

Boulder, Colorado, United States
Gravity Renewables owns, operates, and develops small hydroelectric power plants in the United States. It brings long-term, cost-effective clean energy to electricity consumers, helps conserve and restore historical sites, and promotes educational and recreational opportunities in the communities it serves. Gravity Renewables is based in Boulder, Colorado.

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Buyer(S) 1

Buyer

Relevate Power

New York, New York, United States
Category Company
Founded 2022
Sector Renewable Energy
DESCRIPTION

Relevate Power develops underutilized hydropower plants, providing affordable, clean energy to rural America’s most impactful organizations. Relevate Power was formed in 2022 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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