EDF Renewables North America, a renewable energy developer, and EnterSolar, a provider of distributed generation solar solutions, formed a strategic partnership with EDF Renewables acquiring a 50 percent interest in EnterSolar. Together, the companies will offer C&I customers one of the most comprehensive arrays of behind-the-meter service.
The partnership leverages EDF Renewables’ experience in renewable energy and storage, and its proven long-term expertise in distributed solar solutions to corporate C&I customers internationally, along with EnterSolar’s 12-year solid track record in developing behind-the-meter solar photovoltaic projects for a broad range of corporate clients. As part of the agreement, EDF Renewables is providing growth capital as well as additional project financing capabilities to EnterSolar.
“We are delighted to announce this partnership with EDF Renewables, which, in conjunction with a strategic investment, provides EnterSolar with enhanced growth opportunities and the ability to further advance our goal of becoming the preferred provider of distributed generation solar solutions to the corporate marketplace,” stated Paul Ahern, president, EnterSolar.
“We are impressed with the quality of the EnterSolar team and the striking natural fit between our offerings. EnterSolar has a remarkable customer satisfaction track record with C&I customers, while EDF Renewables Distributed Solutions brings strength and experience specific to ground-mount solar projects up to 30 MWp alongside behind-the-meter battery storage for the C&I sector. This new partnership will benefit from complementary synergies,” said Raphael Declercq, executive vice president, EDF Renewables. “The partnership now provides our customers with a wider choice of comprehensive distributed energy solutions.”
— Solar Builder magazine