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ARTICLE · 09 DECEMBER 2020

Energy & Sustainability M&A Activity – December 2020

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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BlueInGreen was acquired by Chart Industries for an estimated $20 million. BlueInGreen is a water solutions company that provides a method for delivering dissolved oxygen, carbon dioxide and ozone into water.

United StatesEnergy and Natural Resources
Thomas Burton III
Thomas Burton III
Sahir Surmeli
Sahir Surmeli
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Recent M&A Activity:

  • November 3, 2020: BlueInGreen was acquired by Chart Industries for an estimated $20 million. BlueInGreen is a water solutions company that provides a method for delivering dissolved oxygen, carbon dioxide and ozone into water. Following the acquisition, Chart Industries updated its 2021 outlook to sales of $1.335 billion from $1.260 billion.
  • November 12, 2020: The Solar Foundation reached a definitive agreement to merge with Interstate Renewable Energy Council, Inc.. The merger will help IREC to significantly expand the reach and impact of its mission and programs, thereby amplifying its longstanding efforts to increase clean energy and energy efficiency to benefit people, the economy, and the planet.

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