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CM - Power & Utilities News Briefs - August 26, 2019
Abry Partners acquired majority ownership of Wisconsin-based Franklin Energy Group from Kohlberg Kravis & Co. LLC. The company is a provider of demandside management solutions to utility clients. It was formed through the merger of Franklin Energy Services and AM Conservation Group and the acquisition of PlanetEcosystems. Financial terms of the deal were not disclosed. The infrastructure and power strategy unit of Ares Management (AIP) invested in Chapel Hill, North Carolina utility-scale solar developer......
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