M&A Deal Summary

ReVolve Acquires WindRiver Power

On October 4, 2023, ReVolve acquired renewable energy company WindRiver Power

Acquisition Highlights
  • This is ReVolve’s 1st transaction in the Renewable Energy sector.
  • This is ReVolve’s 1st transaction in Canada.
  • This is ReVolve’s 1st transaction in Alberta.

M&A Deal Summary

Date 2023-10-04
Target WindRiver Power
Sector Renewable Energy
Buyer(s) ReVolve
Deal Type Add-on Acquisition

Target

WindRiver Power

Calgary, Alberta, Canada
WindRiver Power owner, operator and developer of wind and hydro projects. WindRiver Power was founded in 2008 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

ReVolve

Dublin, Ireland

Category Company
Founded 2012
Sector Renewable Energy
DESCRIPTION

ReVolve is focused on developing utility-scale renewable energy generation projects in North America with a particular focus on wind, solar, and battery storage technologies. The Company has also recently established ReVolve Renewable Business Solutions, a division dedicated to the development and operation of distributed generation and sub-20MW renewable energy projects in the US and Mexico. It currently has a portfolio of 3.3 gigawatts ("GW") of projects under active development and a further 1GW of greenfield opportunities, which it is in the process of converting to its pipeline in the near term. ReVolve was formed in 2012 and is based in Dublin, Ireland.


DEAL STATS #
Overall 2 of 2
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-11 ReVolve Renewable Power - Utility Scale Solar and Storage Projects

Dublin, Ireland

ReVolve Renewable Power - Utility Scale Solar and Storage Projects includes 250MW Parker Solar and Storage Project (the "Parker Project") and the 1,000MW Bouse Solar and Storage Project based in Dublin, Ireland.

Sell -