Tag: mergers and acquisitions
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Denham acquires Solops with $200 million commitment to develop solar projects
Investment firm Denham Capital has acquired Solops, a developer, financier and owner/operator of PV solar projects in the commercial and industrial sector throughout the United States. Under the agreement, Denham will support the growth of the Solops business including execution of more than 800 MW pipeline of project investments with an initial commitment of $200……
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Standard Solar acquires 4.9 MW community solar project in Rhode Island
Standard Solar has expanded its community solar portfolio in Rhode Island by acquiring a 4.9 MW project from Freepoint Solar LLC. The Woodville ground-mounted community solar project in Richmond, Rhode Island, was developed by Freepoint Solar. The array is expected to produce 7,700 MWh of energy annually. Following the acquisition, Standard Solar will be the……
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Utility-scale developer Innovative Solar Systems for sale at $150 million
Ashville, North Carolina-based Innovative Solar Systems LLC (ISS) is up for sale at a firm price of $150 million USD. ISS is a national utility-scale solar project developer with an active project portfolio of 10 GWac. ISS boasts that the buyer of the company has an opportunity to net $1.7 billion to $4.8 billion in gross profits within 3 years,……
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SEI Professional Services acquired by Bowman Consulting Group
Bowman Consulting Group Ltd. announced the purchase of SEI Engineering. Headquartered in Paonia, Colo., and operating as SEI Professional Services, the company provides a full array of technical services to developers and owners of utility and commercial scale solar energy facilities. The SEIE team is made up of many of the solar industry’s top photovoltaic……
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Whoa: Sunrun to buy Vivint Solar for ‘enterpise value’ of $3.2 billion
Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction, pursuant to which each share of Vivint Solar common stock will be exchanged for 0.55 shares of Sunrun common stock, representing a combined Enterprise Value of $9.2 billion basedRead More — Solar Builder magazine