Markets & Policy

EDF acquires US solar installer

EDF Renewables North America said that its latest investment capitalizes on the growth of the commercial and industrial solar market.
Joe Bebon
By
Joe Bebon
Image: EDF Renewables

From pv magazine USA

EDF Renewables North America (EDFR) has acquired the remaining interest in EnterSolar, a supplier of distributed-generation solar solutions to commercial and industrial (C&I) customers.

EDFR, which is known as a leading utility-scale developer, previously bought a 50% stake in EnterSolar as part of a strategic partnership in late 2018. Now, as a wholly owned subsidiary of EDFR, EnterSolar will benefit from greater financial stability and broader offerings, including energy storage and smart electric vehicle charging.

EnterSolar has a 15-year track record of providing behind-the-meter solar solutions for a range of U.S. corporate clients, with the company installing 59 MW in 2020. Its corporate customers over the years have included Amazon, Target, PepsiCo, and Facebook.

EDFR said its latest investment in EnterSolar capitalizes on the accelerating growth in the C&I solar market. Whether by installing rooftop PV arrays on site or signing power purchase agreements, corporations around the world continue to embrace solar.

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: [email protected].

Written by

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: [email protected].

Comments

EDF acquires US photo voltaic installer – pv journal Worldwide – Yepmode News
Jan 28, 2021

[…] This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected]. […]

Reply