Acquiring Company
PN Smart Energy Limited
Acquired Company
Nanjing Cesun Power Ltd
Description
PN Smart Energy Limited has completed its acquisition of Nanjing Cesun Power Co., Ltd., acquiring the remaining 56% equity for $20.2 million. This transaction, finalized on June 30, 2026, makes Nanjing Cesun a wholly-owned subsidiary. Nanjing Cesun develops energy solutions for commercial PV applications and operates multiple subsidiaries in the sector.
M&A Insights
Based on deal dataFrequently asked
Who acquired Nanjing Cesun Power Ltd?
Nanjing Cesun Power Ltd was acquired by PN Smart Energy Limited, based in China. The deal was reported on August 1, 2026. PN Smart Energy Limited is an independent power producer based in China. The company focuses on developing and managing energy solutions. PN Smart Energy Limited is publicly traded (PN) and operates in Energy.
When did PN Smart Energy Limited acquire Nanjing Cesun Power Ltd?
PN Smart Energy Limited's acquisition of Nanjing Cesun Power Ltd was reported on August 1, 2026. PN Smart Energy Limited has completed its acquisition of Nanjing Cesun Power Co., Ltd., acquiring the remaining 56% equity for $20.2 million. This transaction, finalized on June 30, 2026, makes Nanjing Cesun a wholly-owned subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nanjing Cesun Power Ltd do?
Nanjing Cesun Power Co., Ltd. is a leading company engaged in the development of new energy power plants and inverter technologies. The company is focused on advancing energy solutions through the implementation of innovative technologies. It is privately held, operating in Energy, and is based in China.