Takkion Holdings LLC, a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. has acquired Sioux Falls, South Dakota-based Renew Energy, Inc. and its subsidiaries. RENEW is a leading provider of operations and maintenance (O&M) solutions serving the renewable energy market.
Since its founding in 2009, RENEW has become one of the nation's top independent specialized operations and maintenance companies (ISP). RENEW operates locations throughout the U.S. to support the growing installed base of wind energy assets. Now as part of Takkion, the RENEW brands will remain intact and the company's experienced management team will continue to lead the O&M business.