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Eaglestone Completes Strategic Acquisition Of Commonwealth Electrical Technologies, A Leading Solar, Energy Efficiency And Electrical Subcontractor

PRIVATEJan 13, 2022

Acquiring Company

Skeena Resources

Acquired Company

Commonwealth Electrical Technologies

VancouverWorcesterSportsEnergySustainabilityNatural ResourcesConstruction

Description

Eaglestone, LLC ("Eaglestone"), a portfolio company of Aterian Investment Partners ("Aterian"), is pleased to announce a strategic partnership with Commonwealth Electrical Technologies, Inc. ("CET" or the "Company").

Quick answer

Skeena Resources is acquiring Commonwealth Electrical Technologies, announced January 13, 2022. Skeena Resources is based in Vancouver, Washington, United States.

How much did Skeena Resources pay for Commonwealth Electrical Technologies?
The deal value was not disclosed.
What does Skeena Resources do?
Skeena Resources Limited is a Canadian mining exploration and development company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest..
Where are Skeena Resources and Commonwealth Electrical Technologies based?
Skeena Resources is based in Vancouver, Washington, United States. Commonwealth Electrical Technologies is based in Worcester, Massachusetts, United States.

Source: Fundz verified event record.

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Company Information

Company

Skeena Resources

Location

Howard Street

Vancouver, Washington, United States

About

Skeena Resources Limited is a Canadian mining exploration and development company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a Feasibility Study for Eskay Creek in September 2022 which highlights an open-pit average grade of 4.00 g/t AuEq, an after-tax NPV5% of C$1.4B, 50% IRR, and a 1-year payback at US$1,700/oz Au and US$19/oz Ag. Skeena is currently continuing exploration drilling at Eskay Creek.

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Frequently asked

Who acquired Commonwealth Electrical Technologies?

Commonwealth Electrical Technologies was acquired by Skeena Resources, based in Vancouver. The deal was reported on January 13, 2022. Skeena Resources is privately held and operates in Sports.

When did Skeena Resources acquire Commonwealth Electrical Technologies?

Skeena Resources's acquisition of Commonwealth Electrical Technologies was reported on January 13, 2022. Eaglestone, LLC ("Eaglestone"), a portfolio company of Aterian Investment Partners ("Aterian"), is pleased to announce a strategic partnership with Commonwealth Electrical Technologies, Inc. ("CET" or the "Company"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Commonwealth Electrical Technologies do?

Commonwealth Electrical Technologies is a leading commercial electrical contractor based in New England. The company specializes in providing solar, energy efficiency and electrical services to commercial and industrial facilities. It is privately held, operating in Energy, and is based in Worcester.

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