Notable mergers and acquisitions in the sustainability and energy industry include ABM Industries acquiring RavenVolt for $450 million, XL Fleet acquiring Spruce Power for $58 million, and Amprius Technologies receiving $430 million from Kensington Capital Acquisition IV.
RavenVolt, a developer of microgrid systems intended to provide a reliable, greener, and stable electric grid, was acquired by ABM Industries (NYS: ABM) for.