Siris, a growth equity firm, has acquired Takkion, a renewable energy services provider based in Centennial, Colorado, from Apollo Global Management. The deal marks a strategic shift for Siris into the clean energy sector, aligning with surging demand for grid modernization and solar infrastructure. Takkion, founded in 2019, specializes in performance monitoring and asset management for solar and storage systems, serving utilities and developers across North America.

Apollo initially acquired Takkion in 2020, positioning it as a key player in the rapidly expanding renewables market. Financial terms were not disclosed, but the transaction underscores growing investor interest in decarbonization technologies. Pete Bierden, Takkion’s CEO, emphasized the company’s role in “capitalizing on the increasing demand for renewable energy,” highlighting its expertise in optimizing solar and battery systems to enhance grid reliability. This acquisition positions Siris to leverage Takkion’s technical capabilities and industry relationships, potentially accelerating its expansion in the $1 trillion global renewable energy services market. Investors are closely watching how Siris will integrate Takkion’s offerings with its existing portfolio to strengthen its foothold in clean energy.