California-based Solarrus Corporation has acquired MaxGen Energy Services, LLC, a leading asset management and operations and maintenance (O&M) provider for utility-scale solar power generating facilities.
The takeover bolsters Solarrus' position as a major player in energy services in the solar, electric vehicle and battery energy storage markets, allowing it to expand its utility-scale solar O&M and monitoring services.
"Inclusion of MaxGen under the Solarrus umbrella dramatically enhances the asset management capabilities that we offer to utility-scale solar customers," said Solarrus founder and CEO Bill Klein. "MaxGen not only brings additional talent to Solarrus, but also provides a platform through which we will continue to build our range of energy services."
Solarrus subsidiary True South Renewables (TSR), among the largest independent solar O&M providers in the United States, provides services to utility-scale, commercial distributed generation and residential operators. Through its combined ownership of TSR and MaxGen, Solarrus will now be able to offer maintenance and asset management services across all project sizes.
Solarrus acquired MaxGen, which is also based in California, from Signal Energy, a subsidiary of EMJ Construction, a nationwide general contractor for all types of construction projects. As part of Solarrus, MaxGen will continue to operate as an independent subsidiary company.
"Solarrus will enable MaxGen to continue to expand its foot print from coast-to-coast, added MaxGen President Joe Brotherton. "MaxGen's experience and expertise with utility-scale solar projects is a perfect complement to the range of services that Solarrus and True South Renewables offer to customers today."
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