mPower Innovations Acquired by Render Networks | Energy M&A Deal

Render Networks has acquired mPower Innovations, a energy services other business in Australia, for $20 million AUD. Render Networks acquisitions focus on integrating mPower Innovations capabilities that support electric infrastructure execution and operational delivery. The mPower Innovations acquisition strengthens Render Networks ability to deploy its system of execution across energy projects in Australian states. The add on acquisition is an announced strategic acquisition by a strategic buyer, with the deal structured as an add on acquisition and positioned as energy M&A under $10M.