NEWS & INFORMATION

August 15th, 2024 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the completion of the Request for Proposal (“RFP”) process managed on behalf of WIN Waste Innovations (“WIN Waste”).  The RFP focused on finding a development partner for WIN Waste on two large landfill gas (“LFG”) to renewable natural gas (“RNG”) projects. The projects are located at WIN Waste’s Seneca County landfill in Seneca County, Ohio, and its Tunnel Hill Reclamation landfill in Perry County, Ohio. Sparkstone was the...

September 12th, 2024– Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased announce that it has served as the exclusive financial advisor to Morrow Renewables, LLC (“Morrow”) in its sale of seven operating landfill gas to renewable natural gas (“RNG”) facilities for a total transaction value of $1.2 billion to Enbridge, Inc. (“Enbridge”).  The sale of six facilities closed in January 2024.   The facilities, located in Texas and Arkansas, collectively produce around 5 billion cubic feet of RNG per year. They are...

February 1, 2024 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of Ideal Steel to Ambassador Supply for an undisclosed target price.  The acquisition strengthens both companies’ commitments to providing high-quality products and impacting the industry. This strategic investment by Ambassador Supply continues to expand its portfolio in residential and commercial construction, lumber and building materials, manufacturing, distribution and building technology.  Sparkstone was the...

October 5, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of a renewable energy project located in Charlotte, North Carolina. The facility processes approximately 130,000 short tons of organic food waste annually, avoiding its disposal in a landfill.  It produces 5.2 megawatts of renewable electricity from biomethane generated through an anaerobic digestion process.  The facility sells this renewable electricity to Duke Energy Carolinas, LLC (“Duke”) under a long-term power...

October 10th, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of a majority interest in the power trading platform Energy Renaissance LLC, an affiliate of Denver Energy Group, LLC (collectively, “DEG” or the “Company”) to Trafigura US Holdings, Inc., a subsidiary of Trafigura Group Pte. Ltd (collectively, “Trafigura”). Sparkstone served as the exclusive financial advisor for DEG in this transaction. The transaction value was not disclosed. DEG is a technology-driven power trading...