Transactions - Energy, cleantech & resources

Sirti S.p.A., an Italian provider of construction services for energy infrastructure, sold 100% of Sirti Energia S.p.A. to Mutares SE & Co. KGaA.

General Industries, a French plastic recycling group, raised equity from Tertium.

Greene Finland Oy, an electricity purchasing pool serving 2,600 Finnish and Swedish SMEs from various industries, was sold to Veni Energia Oy, a leading electricity purchasing pool in the Nordic countries.

Kargro, the Dutch market leader in collecting and recycling of end-of-life tyres (“ELTs”), was acquired by management in a management-buy-out.

Adolfsen Group, through Pioneer Investor AS and together with co-investment partners, signed an agreement to acquire 100% of the shares in Skandinaviska Bensinaktiebolaget Din-X, a leading self-service petrol station chain in Sweden.

Ealyze, a Dutch company that installs, manages and maintains smart energy meters for the B2B market, has been acquired by Dutch investment company NPM Capital.

Fastned, the leading European fast-charging stations operator, acquired the fast-charging network of MisterGreen, a Dutch EV leasing company.

PaperFoam, a Dutch supplier of sustainable packaging solutions, has issued new share capital to finance further growth of the company.

2B Environnement Group sold a majority stake to Capital Export, Garibaldi Participations, and CELDA Capital.

BBOXX, a next‐generation energy provider, closed a USD 50 million fundraising  event as part of a Series D financing round. This 4th round was led by Mitsubishi  Corporation, lead investor.

INNAX, a Dutch consulting company offering sustainable energy solutionsfor new and existing buildings, acquired Technion, a Dutch installation and building physics consultancy firm, and De Installatiedesk, a subsidiary of Technion that is active in the same industry.

Lacroix Group, an international technological equipment supplier, acquired SAE IT Systems GmbH & Co., a German provider of connected equipment to monitor and secure electric grid and renewable energy infrastructures.

Alliance Environnement, a provider of water, sanitation, and organic waste recovery solutions was sold to Groupe SAUR, an international water company.

ERM Power, a leading energy company that operates electricity sales and electricity generation businesses, acquired Out Performers, an energy efficiency engineering group.

Convert Italia S.p.A., an Italian company active in the design, engineering, production, and sale of single-axis trackers for photovoltaic systems, sold 75% of its share capital to the American listed group Valmont Industries Inc. (NYSE:VMI).

Pohjolan Energia Oy, a market-leading provider of turnkey small-scale solar panel solutions, was sold to MB Funds, a leading Finnish PE house.

Veronagest sold a wind portfolio, comprising seven energy plants operating in Sicily and Calabria with aggregate installed capacity of 282 MW,  to F2i’s Secondo Fondo.

Handico Finland Oy joined the Finnish Haltija Group Oy, a portfolio company of the Finnish private equity investor Sponsor Capital. Handico represents medical aid brands and offers after-sales services nationwide, serving hospital districts, municipalities, and private care companies.

Tholos, an Italian company that provides energy efficiency services to industrial firms throughout Italy, was sold to Elettra Investimenti (ELIN:IM), a developer of projects in the energy sector, with particular expertise in cogeneration and trigeneration plants.

Terrafame, a fully-owned subsidiary of the state of Finland, acquired Talvivaara Mining Company plc., a mine that uses a bioleaching process to produce mainly nickel and zinc.