trending Market Intelligence /marketintelligence/en/news-insights/trending/opxrj0pbB9SBf4d89SgwzQ2 content esgSubNav
In This List

SmartPitch Ventures acquires controlling stake in New Energy Equity

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


SmartPitch Ventures acquires controlling stake in New Energy Equity

New Energy Equity LLC said it closed on a major investment from private equity firm SmartPitch Ventures.

The investment gave the firm a controlling stake in the renewable electricity provider.

Financial terms of the deal were not disclosed.

Fairfax, Va.-based SmartPitch Ventures invests in later-stage businesses with a focus on disruptive technologies in the energy sector.

Rubicon Capital Advisors was the financial adviser and K&L Gates LLP was the legal counsel to New Energy. Akin Gump Strauss Hauer & Feld LLP and Seale & Associates advised SmartPitch Ventures.