Acquiring Company
East Point Energy, LLC
Acquired Company
Strategic Equity Energy
Description
East Point Energy, an energy storage development firm, announced the sale of the Shands Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities. At 15.7 megawatts(MW)/62.8 megawatt-hours (MWh), Shands will be one of the largest standalone storage projects in Virginia when it becomes operational in 2023. Located in Sussex County, Shands will enhance local grid reliability and serve as an essential component of Dominion Energy’s 100% clean energy future.
Quick answer
East Point Energy, LLC is acquiring Strategic Equity Energy, announced October 18, 2022. East Point Energy, LLC is based in Charlottesville, Virginia, United States.
- How much did East Point Energy, LLC pay for Strategic Equity Energy?
- The deal value was not disclosed.
- What does East Point Energy, LLC do?
- East Point Energy is a development firm focused on the origination, construction, and operation of energy storage projects.
- Where are East Point Energy, LLC and Strategic Equity Energy based?
- East Point Energy, LLC is based in Charlottesville, Virginia, United States. Strategic Equity Energy is based in Washington, District Of Columbia, United States.
Source: Fundz verified event record.
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Who to call at East Point Energy, LLC, and when
When East Point Energy, LLC changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Strategic Equity Energy?
Strategic Equity Energy was acquired by East Point Energy, LLC, based in Charlottesville. The deal was reported on October 18, 2022. East Point Energy is a development firm focused on the origination, construction, and operation of energy storage projects. East Point Energy, LLC is privately held and operates in Energy.
When did East Point Energy, LLC acquire Strategic Equity Energy?
East Point Energy, LLC's acquisition of Strategic Equity Energy was reported on October 18, 2022. East Point Energy, an energy storage development firm, announced the sale of the Shands Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Strategic Equity Energy do?
Strategic Equity Energy is the company acquired in this transaction. It is privately held, operating in Energy, and is based in Washington.
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