M&A Deal Summary

XGS Energy Acquires Capuano Engineering Company

On July 9, 2024, XGS Energy acquired environmental company Capuano Engineering Company

Acquisition Highlights
  • This is XGS Energy’s 1st transaction in the Environmental sector.
  • This is XGS Energy’s 1st transaction in the United States.
  • This is XGS Energy’s 1st transaction in California.

M&A Deal Summary
Date 2024-07-09
Target Capuano Engineering Company
Sector Environmental
Buyer(s) XGS Energy
Deal Type Add-on Acquisition

Target

Capuano Engineering Company

Santa Rosa, California, United States
Capuano Engineering Company is a geothermal services company specializing in geothermal resources. Capuano Engineering Company was founded in 2012 and is based in Santa Rosa, California.

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Buyer(S) 1

Buyer

XGS Energy

Palo Alto, California, United States
Category Company
Sector Renewable Energy
DESCRIPTION

XGS Energy decouples geothermal energy production from its historical dependence on natural water resources and geological conditions, unlocking low-risk power project development, geographic flexibility, easier permitting, and faster deployment. XGS Energy is based in Palo Alto, California.

DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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