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acquisitionAnnounced · Jan 16, 2026Energy StorageSource · CredibleArticle · Factual
Elevate Renewables acquires Elevate Renewables
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
—
Target
Elevate Renewables
Boston, Massachusetts
Acquirer
Elevate Renewables
Full Acquisition
Status
Completed
Elevate Renewables agreed to acquire Elevate Renewables. Reported deal value: Undisclosed. Status: Completed. Sector: Energy Storage. Target headquarters context: Boston, Massachusetts, United States.
This page summarizes publicly available information about the transaction as of 2026-01-16. Figures and status may change as filings and press coverage update.
Elevate Renewables , an ArcLight portfolio company and a leading developer, owner, and operator of energy storage and hybrid generation assets, has acquired Prospect Power Storage , the largest standalone battery storage asset in the PJM Interconnection, from Swift Current Energy
Deal timeline
Announced
Jan 16, 2026 · energyglobal.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Energy Storage. Figures and status may change as sources update.
Sources: energyglobal.com · Primary article · FireStrike proprietary index