Gaz Métro acquires Standard Solar to enter U.S. commercial market

Share

Canadian energy giant Gaz Métro has been searching for an entree into a U.S. commercial solar market it sees as on the cusp of exploding. Today, it finally found its path.

This morning, the company announced it had purchased Maryland commercial solar installer Standard Solar, a company that currently has projects in seven of the Top 10 solar states in the country.

Standard Solar has 100 MW of projects currently under management and an 80 MW pipeline of commercial projects, which gives Gaz Métro instant credibility in the U.S. commercial market. The Maryland company will continue to operate under its own name with its current management. Financial terms of the deal were not disclosed.

To read the full story, please visit our U.S. site.

 

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Panasonic, Innova developing PV-compatible multi-source heat pump combined with PCM
03 October 2024 The novel heat pump concept should enable ready-to-use energy storage even in already existing installations. It features capabilities that easily det...