EDF Renewables acquires C&I solar installer EnterSolar
- EDF Renewables North America (EDFR) revealed its 100% procurement of EnterSolar, a nationwide carrier of dispersed generation solar solutions to business commercial and also commercial (C&I) consumers.
EDF Renewables previously held a 50% passion in EnterSolar in a tactical collaboration revealed in 2018. As a wholly-owned subsidiary of EDF Renewables, EnterSolar will certainly operate as a part of the Distributed Solutions Group and gain from enhanced financial stability and more comprehensive offerings, consisting of power storage as well as smart electric vehicle billing.
EnterSolar brings a 15-year performance history of providing behind-the-meter solar solutions for a diverse range of business clients across the country and will certainly remain to provide C&I clients with leading solar as well as solar + storage space remedies in the exact same fully commited fashion. With 59 MW of solar capability mounted in 2020 alone, EnterSolar has continually placed among the top programmers of C&I solar in the United States. With this purchase, EnterSolar take advantage of EDF Renewables' tools purchase abilities, task advancement resources and additional item offerings, while placing EDFR to fulfill the accelerating need for distributed generation solar options from the business C&I market.
" We are thrilled to be wholly a part of EDF Renewables. The acquisition allows EnterSolar to completely utilize EDF Renewables' unparalleled experience in grid-scale renewable resource and also our solid track record in establishing behind-the-meter solar photovoltaic or pv jobs in order to end up being the favored service provider of dispersed generation solar remedies to the corporate market," stated Peyton Boswell, Managing Director of EnterSolar.
Raphael Declercq, Executive Vice President, Distributed Solutions as well as Strategy, commented, "The initial investment in EnterSolar confirmed to be the absolute appropriate partnership for synergy between EDFR's staminas and EnterSolar's know-how in the C&I market. We are delighted today to additionally our aspirations as one firm to offer clients with a broader selection of item offerings to fulfill the growing demand for dispersed power remedies."
