CRC-IB Drives Major Clean Energy M&A Activities in 2024
Deal News | Mar 11, 2025 | CRC-IB
CRC-IB, a prominent independent investment bank, has highlighted its leading role in the clean energy sector by closing multiple significant M&A transactions in the past year. Key deals include advising Eolus on the sale of Project Pome, a 100 MW energy storage project, and facilitating several acquisitions by ContourGlobal, among others. CRC-IB's successful deals reflect the firm's expertise in handling complex clean energy transactions and the ongoing momentum in the U.S. renewable energy market. The firm anticipates a growth in asset sales and M&A activities, driven by investor interest in energy transition technologies. CRC-IB's leaders, including Britta von Oesen and Michael Tatarsky, underscore the firm's readiness to leverage new financing options to optimize M&A outcomes amid market uncertainties.
Sectors
- Renewable Energy
- Investment Banking
Geography
- United States – The M&A transactions and renewable energy projects mentioned in the article are predominantly located in various states across the U.S.
Industry
- Renewable Energy – The article discusses M&A activities specifically within the clean energy sector, indicating this as a key industry.
- Investment Banking – CRC-IB provides industry-leading financial services and plays a significant role in M&A activities, categorizing it within investment banking.
Financials
- 100 MW / 400 MWh – Capacity of Project Pome, an energy storage project sold by Eolus.
- 567 MWp PV and 321 MW/1.3 GWh – Capacity specifications of a hybrid solar-plus-storage project acquired by ContourGlobal.
- 446 MWp – Capacity of solar PV portfolio acquired by ContourGlobal in Colorado and Virginia.
- 151 MWdc – Capacity of a solar portfolio acquired by ContourGlobal in South Carolina.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CRC-IB | Advisor | Companies | An independent investment bank specializing in clean energy corporate and asset transactions. |
| Eolus | Seller | Companies | A leading renewable energy developer involved in the sale of an energy storage project. |
| ContourGlobal | Acquirer | Companies | A private equity-backed global independent power producer making strategic acquisitions in the clean energy sector. |
| Upper Bay Infrastructure Partners | Seller | Companies | Owner of Infiniti Energy, a portfolio company sold as part of CRC-IB's M&A portfolio. |
| Britta von Oesen | Executive | People | Partner and Managing Director at CRC-IB. |
| Michael Tatarsky | Executive | People | Managing Director at CRC-IB. |