Pedal Steel Solar acquires two 800 MWh Standalone Storage Projects from Valor Infrastructure Partners
Mar 07, 2024•almost 2 years ago
Acquiring Company
Pedal Steel Solar
Acquired Company
Valor Infrastructure Partners
Description
Pedal Steel Solar has completed the acquisition of two 800 MWh Standalone Storage Projects under development in MISO from Valor Infrastructure Partners. This strategic move will enhance Pedal Steel Solar's portfolio and strengthen its position in the renewable energy sector.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed