M&A Deal Summary

TerraForm Power Acquires Sun Tribe

On May 15, 2025, TerraForm Power acquired renewable energy company Sun Tribe

Acquisition Highlights
  • This is TerraForm Power’s 9th transaction in the Renewable Energy sector.
  • This is TerraForm Power’s 7th transaction in the United States.
  • This is TerraForm Power’s 1st transaction in Virginia.

M&A Deal Summary

Date 2025-05-15
Target Sun Tribe
Sector Renewable Energy
Buyer(s) TerraForm Power
Deal Type Add-on Acquisition

Target

Sun Tribe

Charlottesville, Virginia, United States
Sun Tribe is a clean energy company, delivers legacy-grade projects that translate into long-term value for partners. Sun Tribe was founded in 2016 and is based in Charlottesville, Virginia.

Search 207,782 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TerraForm Power

New York, Maryland, United States

Category Company
Founded 2014
Sector Renewable Energy
Employees177
Revenue 1.1B USD (2020)
DESCRIPTION

TerraForm Power is a renewable energy company that is changing how energy is generated, distributed and owned. TerraForm Power creates value for its investors by owning and operating clean energy power plants. TerraForm Power was founded in 2014 and is based in New York, New York.


DEAL STATS #
Overall 9 of 9
Sector: Renewable Energy M&A 9 of 9
Type: Add-on Acquisition M&A Deals 4 of 4
State: Virginia M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-07 Saeta Yield S.A.

Madrid, Spain

Saeta Yield, S.A. is a owner and operator of wind and solar assets, located primarily in Spain. Saeta Yield invests in energy infrastructure assets that expect to generate highly stable and predictable cash flows backed by regulated and contracted income.

Buy $1.2B