M&A Deal Summary

Swell Energy Acquires Renu Energy Solutions

On February 7, 2024, Swell Energy acquired renewable energy company Renu Energy Solutions

Acquisition Highlights
  • This is Swell Energy’s 1st transaction in the Renewable Energy sector.
  • This is Swell Energy’s 1st transaction in the United States.
  • This is Swell Energy’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2024-02-07
Target Renu Energy Solutions
Sector Renewable Energy
Buyer(s) Swell Energy
Deal Type Add-on Acquisition

Target

Renu Energy Solutions

Charlotte, North Carolina, United States
Renu Energy Solutions is a high-quality solar energy systems installer operating across the South East, specializing in turn-key solar solutions for residential and commercial properties. Renu Energy Solutions was founded in 2010 and is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

Swell Energy

Santa Monica, California, United States
Category Company
Founded 2014
Sector Energy Services and Equipment
DESCRIPTION

Swell Energy is a energy management and smart grid solutions provider is accelerating the mass adoption of distributed clean energy technologies by enabling consumers to take control of their energy use and cost, achieve energy security, and participate in the transactive grid. Swell Energy was founded in 2014 and is based in Santa Monica, California.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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