Sustainable Energy & Infrastructure M&A Activity — February 2025

By Thomas R. Burton, III, Sahir Surmeli

Recent M&A Activity:

January 7, 2025: Applied Energy Group is a provider of energy management consulting services intended to address the evolving needs of utilities, government bodies, and grid operators worldwide. The company, a subsidiary of Ameresco (NYSE: AMRC), was acquired by ICF International (Nasdaq: ICFI) for an undisclosed amount. This transaction aligns with ICF’s strategy to extend its capabilities in growth areas, with specific emphasis on its energy markets advisory and technology-enabled services. 
Read more here >>

December 31, 2024: Vistra Vision, an operator of integrated retail electricity and zero-carbon generation platforms based in the United States, was acquired by Vistra Energy (NYSE: VST) for $820 million. The transaction values the company at an estimated $5.46 billion. This strategic move has considerably expanded Vistra Energy’s zero-carbon generation capacity, solidifying its position as a major player in the clean energy market. 
Read more here >>

 

Subscribe To Viewpoints

Published

    • Viewpoint Topics

  • Energy & Sustainability

    • Professionals

  • Thomas R. Burton, III
  • Sahir Surmeli

    • Related Industries

  • Energy & Sustainability
    • Energy & Sustainability Viewpoints Thumbnail

    Sustainable Energy & Infrastructure Connections — February 2025

    February 10, 2025| Article|

    Authors

    Thomas R. Burton, III

    Thomas R. Burton, III

    Member / Chair, Energy & Sustainability Practice

    Tom Burton has helped to shape the clean energy industry by drawing on his passion for innovation. As a Mintz attorney, Tom counsels investors, entrepreneurs, and Fortune 100 companies. He also guides start-up organizations and accelerators to foster the next generation of energy leaders.
    Sahir Surmeli

    Sahir Surmeli

    Member / Co-chair, Energy & Sustainability Practice

    Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they build and grow companies. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.