1、Energy ManagementSECTOR UPDATE I Q2 20231March 6,2023Select Energy Management M&A TransactionsAncala Partners Acquires Majority of Noventa Energy PartnersInfrastructure investor Ancala Partners has acquired a majority interest in global renewable energy firm Noventa Energy PartnersNoventa,which has
2、a pipeline of projects across Canada,the UK and the US,provides a full suite of services to decarbonize the heating and cooling of buildingsThe funding will help Noventa to pursue its international growth plans and ramp up the delivery of a pipeline of wastewater energy projectsApril 3,2023TPG Rise
3、Climate Invests$150M in PalmettoPalmetto,a leading technology-enabled clean energy platform,announced 3/6/2023 it has raised$150 million to continue spurring the adoption of clean energy and access to residential solar across the United StatesPalmetto manages the end-to-end residential solar process
4、 with a fully enabled operating platform that handles sales,design,engineering,permitting and fulfillment.The company is uniquely positioned to help its partners reduce soft costs,which oftentimes represent over 50%of each residential solar project,using automated workflows,predictive algorithms,and
5、 local intelligence dataMonterey Capital Acquisition Corporation to Combine with ConnectMMonterey Capital Acquisition Corporation(Nasdaq:MCAC),a blank check company,and ConnectM,a vertically integrated clean energy technology and solutions provider for buildings and all-electric OEMs,announced 1/3/2
6、023 the signing of a definitive merger agreementConnectM has a current base of 22,000+customers and 12 OEMs between its two platforms(Aurai and Yantra).Aurai is an integrated platform for electrification,decarbonization and energy efficiency and Yantra is an EV,micro-mobility,and fleet management pl