# CMG Cleantech to acquire Enercon Asia for $70 million

CMG Cleantech S.A. has agreed to acquire 100% of Enercon Asia Pte. Ltd., a Singapore-based clean energy solutions company, for approximately USD 70 million, to be satisfied through issuance of CMG shares.

- Type: Acquisition
- Announced: 2026-05-06
- Where: Singapore, Singapore
- Value: $70.0M
- Status: announced
- Products: generators, grid integration, solar, wind, battery storage, control systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [CMG Cleantech S.A.](https://endata.com/companies/63217.md) (acquirer)
- [Enercon Asia](https://endata.com/companies/91765.md) (target)

## Sources

- [live.euronext.com](https://live.euronext.com/en/products/equities/company-news/2026-05-06-cmg-cleantech-saannounces-proposed-acquisition-enercon), 2026-05-06: "CMG CleanTech S.A. (“CMG”) has announced that it has agreed terms for the acquisition of 100% of the issued share capital of Enercon Asia Pte. Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.