M&A Deal Summary

Riverbank Power Acquires Symbiotics Energy

On December 14, 2010, Riverbank Power acquired renewable energy company Symbiotics Energy

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

M&A Deal Summary

Date 2010-12-14
Target Symbiotics Energy
Sector Renewable Energy
Buyer(s) Riverbank Power
Deal Type Add-on Acquisition

Target

Symbiotics Energy

United States
Symbiotics Energy Corp. is specializes in run-of-river retrofit and closed loop pumped storage projects

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Buyer(S) 1

Buyer

Riverbank Power

Toronto, Ontario, Canada

Category Company
Founded 2007
Sector Renewable Energy
DESCRIPTION

Riverbank Power Corp. is a operator of run-of-river and pumped storage hydropower facilities.


DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1