Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, recently announced its acquisition of a majority interest in Forsite Renewables, a Charlotte-based company specializing in sustainable energy solutions. With this strategic move, Galway is set to fund Forsite’s anticipated expansion, marking it as the 34th significant acquisition for the organization.

Further enhancing the transaction, KeyBanc served as Forsite’s strategic advisor, adding expertise and facilitating a smooth and strategic acquisition process.

The acquisition of Forsite Renewables by Galway Sustainable Capital underscores the accelerating developments within the sustainable energy sector, positioning both entities as key players in driving the industry forward and meeting the dynamic needs of a growing market.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The solar energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.