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True Green Capital Acquires Majority Stake In Cleanchoice Energy

PRIVATEApr 28, 2023

Acquiring Company

True Green Capital Management

Acquired Company

MAJORITY STAKE

United StatesEnergyRenewable EnergySolar

Description

True Green Capital Management LLC ("TGC"), a renewable energy infrastructure investment firm, and CleanChoice Energy ("CleanChoice"), the cleantech company that easily empowers people and businesses to access climate solutions, are pleased to announce that they have signed definitive documentation for TGC to acquire a majority ownership in CleanChoice and provide dedicated capital to fund CleanChoice's solar development pipeline. The acquisition will fuel CleanChoice's growth as the first 100% independent green gen-tailer in the US, operating at both ends of the value chain by owning solar generation assets and selling renewable energy to customers in multiple competitive markets across the US.

Quick answer

True Green Capital Management is acquiring MAJORITY STAKE, announced April 28, 2023. True Green Capital Management is based in United States.

How much did True Green Capital Management pay for MAJORITY STAKE?
The deal value was not disclosed.
Where are True Green Capital Management and MAJORITY STAKE based?
True Green Capital Management is based in United States.
Who are the decision-makers at True Green Capital Management?
Fundz holds 1 contact at True Green Capital Management. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Energy and Renewable Energy

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at True Green Capital Management, and when

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Company Information

Company

True Green Capital Management

Location

United States

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Frequently asked

Who acquired MAJORITY STAKE?

MAJORITY STAKE was acquired by True Green Capital Management, based in United States. The deal was reported on April 28, 2023. True Green Capital Management is privately held and operates in Energy.

When did True Green Capital Management acquire MAJORITY STAKE?

True Green Capital Management's acquisition of MAJORITY STAKE was reported on April 28, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MAJORITY STAKE do?

MAJORITY STAKE is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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