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Batter Storage, Solar, Drone Business M&A Activity July 2021

Monday, July 19, 2021 Recent M&A Activity: June 3, 2021: New England Battery Storage was acquired by Agilitas Energy for an undisclosed amount. This acquisition marks Agilitas Energy’s expansion into battery energy storage operations, including participating in the ISO-New England day-ahead and real-time energy markets, operating reserve markets, frequency regulation market, and the forward capacity market. June 9, 2021: Future Home Power was acquired by Solar Integrated Roofing (PINX: SIRC) for an undisclosed amount. The acquisition is expected to act as a major growth driver for other Solar Integrated Roofing subsidiaries who can complete the on-site contracting work and capture the full lifecycle value of each customer.

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