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ARTICLE · 05 MARCH 2024

Energy & Sustainability M&A Activity — March 2024

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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January 24, 2024: Sunrise Wind, a producer of renewable wind energy, reached a definitive agreement to be acquired by Ørsted (CSE: ORSTED) for an undisclosed amount.

United StatesEnergy and Natural Resources

Recent M&A Activity:

January 24, 2024: Sunrise Wind, a producer of renewable wind energy, reached a definitive agreement to be acquired by Ørsted (CSE: ORSTED) for an undisclosed amount. Sunrise Wind develops and manages offshore wind farms and produces clean energy to power nearly 600,000 homes. The joint venture is formed to build an offshore wind farm for New York State, with the potential capacity to power more than half a million homes. Both investors hold a 50% stake in the joint venture.

February 7, 2024: Renu Energy Solution was acquired by Swell (Alternative Energy Equipment) for an undisclosed amount on February 7, 2024. Renu Energy Solution offers customized solar panel installation, energy storage, system monitoring services, EV charging options, and maintenance services for solar systems. The acquisition accelerates the mass deployment of clean energy technologies through virtual power plant enablement and new financing opportunities available to

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