Announced
Financials
Tags
United States
Renewable Energy Equipment
Majority
Acquisition
Domestic
renewable energy
Pending
solar contractor
Single Bidder
Friendly
Private
Private Equity
Synopsis
American Securities, a private equity firm, agreed to acquire Swinerton Renewable Energy, a solar contractor, from Swinerton, a commercial construction company that provides services in the United States. Financial terms were not disclosed. "We are thrilled to be working with the SOLV Energy team as they transition to becoming an independent company. SOLV Energy has a long history of outstanding customer service and we look forward to supporting the Company as it helps accelerate the United States' transition to solar energy," Michael Sand, American Securities Managing Director.
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