GP Joule offers North American EPC business

Sep 19, 2022 01:50 PM ET
  • German PV developer Goldbeck states deal strengthens its position in the Americas
GP Joule offers North American EPC business
Image: Unsplash/APPA

German developer Goldbeck Solar has actually gotten to an agreement with GP Joule to get the latter's North American engineering, purchase and building (EPC) service unit.

The purchase has resulted in Goldbeck ending up being the single investor of both North American business, GP Joule PV Canada and also GP Joule PV USA.

With the procurement, Goldbeck claimed it is strengthening its position in the Americas, having existing operations in Chile and Mexico.

The purchase includes the acquisition of the whole GP Joule EPC NA group in addition to making use of the neighborhood brand for a minimal duration.

" Our new local team and also their competence are the basis for this critical step.

" They comprehend the culture and the marketplace specifics," said Joachim Goldbeck, Chief Executive Officer of Goldbeck Solar Group.

" With our new associates, we have a strong foundation to understand the opportunities as well as difficulties of the North American market.

" The cultural fit of the firms was a fundamental requirement, and we are currently looking forward to expanding the business together in Canada as well as the USA."

After buying a portfolio of projects in Canada at the beginning of the year, Goldbeck demonstrated "strong passion" in designing as well as developing solar plants in North America, as it has actually efficiently provided for over two decades in Europe, Asia as well as South America.

" This comes at a best time", states David Pichard, Chief Executive Officer of GP Joule EPC NA.

" Over the last 10 years, we have actually expanded exponentially a group delivering top quality assets in the utility scale market.

" Becoming part of the GOLDBECK SOLAR family members brings immediate synergies in systems and also supply chain, growth in Operations as well as Maintenance services to proceed supplying the best value to our customers."

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