Add-on acquisition Jun 2015 · Western U.S.
REC Solar acquires Stellar Energy to expand commercial solar
REC Solar acquired western U.S. solar provider Stellar Energy via an asset purchase agreement, adding 60+ MW across 62 projects and 28 MW of O&M contracts. Tagged by ACHR News under acquisitions in the HVAC industry.
“SAN LUIS OBISPO, Calif. — REC Solar announced it has acquired Stellar Energy, a leading solar provider in the western U.S., through an asset purchase agreement.”
Entities
Duke Energy · Mentioned REC Solar · Acquirer Stellar Energy · Target
Other Sentiment: Positive
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.