M&A Deal Summary

Scout Clean Energy Acquires Stockton Lake

On December 23, 2021, Scout Clean Energy acquired renewable energy company Stockton Lake from Azimuth Renewables

Acquisition Highlights
  • This is Scout Clean Energy’s 1st transaction in the Renewable Energy sector.
  • This is Scout Clean Energy’s 1st transaction in the United States.
  • This is Scout Clean Energy’s 1st transaction in Missouri.

M&A Deal Summary
Date 2021-12-23
Target Stockton Lake
Sector Renewable Energy
Buyer(s) Scout Clean Energy
Sellers(s) Azimuth Renewables
Deal Type Divestiture

Target

Stockton Lake

St. Louis, Missouri, United States
Stockton Lake is an operator of a 112MWdc solar farm. Stockton Lake PV park is expected to generate around 200,000 MWh of electricity per year that will be enough to supply over 15,000 local homes. Stockton Lake is based in St. Louis, Missouri.

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Buyer(S) 1

Buyer

Scout Clean Energy

Boulder, Colorado, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Scout Clean Energy is a developer and operator of U.S. wind power projects. Scout owns and operates a portfolio of utility-scale wind projects across a geographically diverse collection of US markets. The operational and development portfolio currently exceeds 3,000 MWs across 10 sites located in 10 States. Scout Clean Energy is based in Boulder, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Azimuth Renewables

St. Louis, Missouri, United States
Category Company
Founded 2009
Sector Renewable Energy
DESCRIPTION

Azimuth Renewables is a full-service solar energy development company with the capability to take projects from origination through construction. Azimuth Renewables was founded in 2009 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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