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Sustainable Energy & Infrastructure M&A Activity — March 2026

Recent M&A Activity:

January 30, 2026: Banpu Power (BKK: BPP), a provider of battery energy storage systems, reached a definitive agreement to acquire GCI Megamouth, a subsidiary of Grid Connected Infrastructure, for $4 million. This investment marks an expansion of Banpu Power’s business in the United States and aligns with its strategy to shift its portfolio toward lower-carbon assets while securing sustainable cash flow generation.

February 6, 2026: Eion, the developer of a geoscience and agronomic research platform designed to offer permanent carbon removal procedures at scale, was acquired by Terradot for an undisclosed amount.

 

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Authors

Thomas R. Burton, III

Thomas R. Burton, III

Member / Chair, Sustainable Energy & Infrastructure Practice

Tom Burton has helped to shape the clean energy industry by drawing on his passion for innovation. As a Mintz attorney, Tom counsels investors, entrepreneurs, and Fortune 100 companies. He also guides start-up organizations and accelerators to foster the next generation of energy leaders.
Sahir Surmeli

Sahir Surmeli

Member / Co-Chair, Sustainable Energy & Infrastructure Practice

Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they build and grow companies. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.