NEWS & INFORMATION

Our firm was founded with the goals of providing independent and unbiased service, executing transactions efficiently with senior-level bankers, and developing long-term client relationships.

Sparkstone Capital Advisors Announces the Acquisition of Ideal Steel by Ambassador Supply

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...

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Sparkstone Capital Advisors Announces the Sale of a Food Waste Anaerobic Digestion Facility in North Carolina

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...

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Sparkstone Capital Advisors Announces the Sale of a Majority Stake in the Power Trading Platform, Energy Renaissance LLC

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...

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Sparkstone Capital Advisors Announces the Sale of a Food Waste Anaerobic Digestion Facility

April 4, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of an anaerobic digestion-to-renewable electricity project located in Johnston, Rhode Island. The facility processes nearly 100,000 short tons of organic food waste annually, avoiding its disposal in landfills and the resulting methane emissions from its decomposition. The facility sells the renewable electricity that it produces to National Grid under a long-term power purchase contract. York Capital Management ("York")...

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Sparkstone Capital Advisors announces the sale of four Landfill Gas-to-electric projects totaling 10.2 MW

February 1, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of four landfill gas-to-electricity projects located throughout various regions of the United States.  The projects are divestments from JL-Evensol, LLC’s (“JLE”) portfolio of renewable energy projects.  The facilities have a total 10.2 MWs of installed capacity and operate under long-term power purchase agreements (“PPA”). JLE owned and operated the facilities and sold them to Archaea Energy, LLC (“Archaea”) for an...

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Sparkstone Capital Advisors is a boutique financial advisory firm that provides merger & acquisition and capital raising services to energy and industrial clients.

1405 West Main St
Richmond, VA 23220

(804) 357-8216
[email protected]

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