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Legence Acquires Black Bear Energy, Strengthening Capabilities For Rapid Decarbonization In Buildings

PUBLIC · LGNJul 19, 2022

Acquiring Company

Legence

Acquired Company

Black Bear Energy, Inc.

San JoseBoulderEnergyArtificial IntelligenceRenewable EnergyConstructionBuilding MaintenanceBiomass EnergyEnergySustainabilityNatural Resources

Description

Legence, an Energy Transition AcceleratorTM and leader in building efficiency, has announced the acquisition of Black Bear Energy. Black Bear’s addition to Legence’s rapidly growing portfolio expands the firm’s renewable energy procurement services and further strengthens its capabilities for decarbonization. The announcement comes on the heels of two additional acquisitions and a new brand launch that integrates an experienced legion of best-in-class companies committed to making the spaces we occupy more efficient, healthy and sustainable.

Quick answer

Legence is acquiring Black Bear Energy, Inc., announced July 19, 2022. Legence is based in San Jose, California, United States.

Who acquired Black Bear Energy, Inc?
Legence agreed to acquire Black Bear Energy, Inc. on July 19, 2022.
How much did Legence pay for Black Bear Energy, Inc?
The deal value was not disclosed.
What does Legence do?
Legence, a Blackstone portfolio company, is an Energy Transition AcceleratorTM that provides advisory services and implementation focused on financing, designing, building, and servicing complex systems in..
Where are Legence and Black Bear Energy, Inc. based?
Legence is based in San Jose, California, United States. Black Bear Energy, Inc. is based in Boulder, Colorado, United States.
Who are the decision-makers at Legence?
Fundz holds 2 contacts at Legence. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Legence

Location

1601 Las Plumas Avenue

San Jose, California, United States

About

Legence, a Blackstone portfolio company, is an Energy Transition AcceleratorTM that provides advisory services and implementation focused on financing, designing, building, and servicing complex systems in mission-critical and high performance facilities. With five plus decades of expertise in the built environment, Legence has a proven track record of reducing carbon emissions, implementing renewables, lowering utility costs through efficiency consumption, and making systems run better at unmatched speed and scale.

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Frequently asked

Who acquired Black Bear Energy, Inc.?

Black Bear Energy, Inc. was acquired by Legence, based in San Jose. The deal was reported on July 19, 2022. Legence is publicly traded (LGN) and operates in Energy.

When did Legence acquire Black Bear Energy, Inc.?

Legence's acquisition of Black Bear Energy, Inc. was reported on July 19, 2022. Legence, an Energy Transition AcceleratorTM and leader in building efficiency, has announced the acquisition of Black Bear Energy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Black Bear Energy, Inc. do?

Black Bear Energy is a technology-enabled, commercial buyer’s representative specializing in onsite renewable energy and cleantech services. It is privately held, operating in Energy, and is based in Boulder.

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

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