1、Energy ManagementSECTOR UPDATE I Q4 20221Select Energy Management M&A TransactionsPriority Power(Ara Partners,Oaktree)acquires Affordable Gas&ElectricPriority Power Management,Inc.,a leader in energy optimization and infrastructure offering smart energy solutions and streamlined transitions to carbo

2、n neutrality,today announced that it successfully completed its acquisition of the energy procurement,consulting,and solar development business of Affordable Gas&Electric Company,LLC.August 23,2022Partners Group buys majority stake in Budderfly from Edison PartnersPartners Group(SIX:PGHN),a Swiss as

3、set management company and private equity firm,has acquired a majority stake in Budderfly,a Shelton,Connecticut-based energy management tech business,from Edison Partners,a private equity firm.With more than 2,750 customer sites across 49 states,Budderfly leads the digital transformation of the ener

4、gy conservation sector.July 11,2022E Source(Align Capital)acquires DEFGE Source,the data authority for the utility industry,announced today that it has acquired Distributed Energy Financial Group(DEFG).DEFG is a utility customer research and advisory firm with expertise in low income,equity,and cust

5、omer experience.DEFGs five collaborative groups serve over 50 of the largest utilities in the U.S.and Canada,giving the leaders of these companies access to insights that help them better serve their customers and meet organizational goals.July 14,2022Legence(Blackstone Energy)acquires Black Bear En

6、ergyLegence,a San Jose,California-based Energy Transition Accelerator and leader in building efficiency,has announced the acquisition of Black Bear Energy,a Boulder,Colorado-based renewable energy firm offering technology-enabled clean energy procurement.Black Bears addition to Legences rapidly grow