iSun invests in solar developer Encore to expand geographically
Nov 29, 2021 05:31 PM ET
- US solar and electrical flexibility framework company iSun Inc (NASDAQ: ISUN) has accepted buy a minority risk of an undisclosed value in industrial solar programmer Encore Renewable Energy.
With this step, iSun seeks to accelerate the growth of its business, industrial and also utility organizations right into new geographies and also to safeguard partnership opportunities throughout both celebrations' project pipes.
Burlington, Vermont-based Encore specialises in the design, advancement, financing, permitting and building of solar and also power storage projects on land fills, brownfields, rooftops as well as carports.
"This new infusion of funding from iSun will certainly permit us to more than dual our project growth pipeline over the next one year," stated Chad Farrell, CEO and also owner of Encore Renewable Energy.
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