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Galway Sustainable Capital Acquires Forsite Renewables
Un agradecimiento a Fernando Tomás. Majority stake in Forsite Renewables, based in Charlotte, NC, has been bought by Sterling Power Opportunities, a branch of Galway Sustainable Capital. The deal will provide financing for the anticipated growth of Forsite and signifies the 34th strategic purchase by Galway. The current management team will remain in place at Galway to continue overseeing the company’s development and operations. Kevin Day, president of Forsite Renewables, heralds this as a pivotal deal and an exceptional achievement for their team at Forsite. This will allow us to considerably grow our range of projects and meet the increasing need for sustainable energy. KeyBanc acted as a strategic advisor to Forsite in the deal.