Carmanah has sold its Solar EPC business to UGE International
The shareholders of Carmanah Technologies Corp. have sold its solar EPC business to UGE International Ltd.
Carmanah Technologies designs, develops and distributes a portfolio of products focused on energy optimized LED solutions for infrastructure. Founded in 1996 in Canada, the company has built a reputation for delivering innovative solutions that offer cost savings while ensuring environmental sensitivity.
UGE International provides solar and renewable energy solutions for global enterprise customers. Its projects include solar and wind systems, microgrids and off-grid lighting and other energy platforms. The company was founded in 2008, with headquarters in New York City, USA, and Toronto, Canada, and a local office in the Philippines.
Oaklins’ team in Canada acted as financial advisor to Carmanah Technologies in this transaction.
Contacter l'équipe de la transaction
Transactions connexes
Sunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
En apprendre plusCircle K has acquired Hanex
Hanex has been acquired by Circle K. This transaction highlights a key aspect of Circle K’s growth strategy, aimed at expanding its fuel station network across the Netherlands.
En apprendre plusHærup Biogas has been acquired by Gasum
Gasum has entered the Danish biogas market with its acquisition of all shares in Hærup Biogas, which owns and operates a biogas plant in the northern part of mainland Denmark.
En apprendre plus