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Sustainable Energy & Infrastructure M&A Activity — November 2025

Recent M&A Activity:

October 21, 2025: Rhythmos, developer of an artificial intelligence–driven data analytics platform designed to transform grid management for utilities and electric vehicle fleet operators, reached a definitive agreement to be acquired by Electron for an undisclosed amount on October 21, 2025.

October 23, 2025: Hadron Energy, developer of a micro modular nuclear reactor designed to provide reliable, safe, and scalable clean energy in diverse environments, reached a definitive agreement to be acquired by GigCapital7 (Nasdaq: GIG) for an estimated $1.2 billion through a reverse merger as of October 23, 2025. The funds will be used to accelerate microreactor development.

 

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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.