M&A Deal Summary

Silicon Ranch Acquires Clearloop

On October 14, 2021, Silicon Ranch acquired renewable energy company Clearloop

Acquisition Highlights
  • This is Silicon Ranch’s 1st transaction in the Renewable Energy sector.
  • This is Silicon Ranch’s 1st transaction in the United States.
  • This is Silicon Ranch’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2021-10-14
Target Clearloop
Sector Renewable Energy
Buyer(s) Silicon Ranch
Deal Type Add-on Acquisition

Target

Clearloop

Nashville, Tennessee, United States
Clearloop is a renewable energy generation company that offers businesses of all sizes a way to reclaim their carbon footprint by building solar farms that both clean up the grid and benefit economically distressed communities across the United States. Clearloop is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Silicon Ranch

Nashville, Tennessee, United States

Category Company
Founded 2011
Sector Renewable Energy
DESCRIPTION

Silicon Ranch Corp. is a U.S. developer, owner, and operator of solar energy plants. Silicon Ranch develops to own all of its projects for the long-term and brings the economic, environmental, and community benefits of commercial and utility-scale solar energy together in a full-service model that requires no capital investment from its stakeholders. The company's operating portfolio includes more than 100 facilities across 14 states from New York to California, including the first large-scale solar projects in Tennessee, Georgia, Arkansas, and Mississippi.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1