Concentric, a US-based DC power management and on-site maintenance provider for the material handling and critical power industries, has acquired Midwestern industrial power expert Indy Power Grid. The financial terms of the deal were not disclosed. Indy Power Grid has been providing services and supplies to sustain operations at peak performance via robust power management. […]
Gener8, a portfolio company of Sverica Capital Management, has acquired the RND Group, an Indianapolis-based provider of software development focused on medical devices and life science products. The financial terms of the deal were not disclosed by Gener8, which offers turnkey design and manufacturing services. Gener8 is said to specialize in high complexity products, mainly […]
QGistix, an Atlanta-based reverse logistics company, has acquired Green Wave Computer Recycling, based in Indianapolis, for an undisclosed price. The combined company will operate as Green Wave Electronics, which will offer a full suite of solutions for overstock, failed, and scrap electronics. Green Wave Computer Recycling is engaged in helping organizations in recycling their e-waste […]
Energy infrastructure giant Kinder Morgan (KMI) has agreed to acquire renewable natural gas developer Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million. Based in Indianapolis, Kinetrex Energy supplies liquefied natural gas (LNG) in the US Midwest. Under long-term contracts to transportation service providers, the company also produces and supplies renewable natural gas […]
AES’ subsidiary Indianapolis Power & Light (IPL) has agreed to acquire a 195MW solar power project to be built in Clinton County, Indianapolis. The acquisition will be completed once it receives approval from the Indiana Utility Regulatory Commission. Invenergy has been given the tasks of developing and managing the construction of the solar power plant, […]