Dsd Acquires 15 Mw Community Solar Portfolio From New Energy Equity In Minnesota
Sep 20, 2023•almost 2 years ago
Acquiring Company
DSD Renewables
Acquired Company
15 MW Community Solar Portfolio
Description
DSD Renewables (DSD) has acquired a nine-project, 15-megawatt (MW) community solar portfolio in Minnesota from New Energy Equity. The 100% residential-offtake portfolio is estimated to generate more than 20,000 total megawatt hours (MWh) annually, delivering power to approximately 900 subscribers.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed