Announced
Completed
Financials
Sources
Tags
Domestic
Renewable Energy Equipment
Majority
United States
Acquisition
alternative energy equipment
Friendly
solar energy
Private
Completed
Single Bidder
Synopsis
Mitsui-backed MyPower, a global energy infrastructure and investment firm, completed the acquisition of Solstice Power Technologies, a developer of a digital solar energy management platform. Financial terms were not disclosed. "We at Solstice remain committed as ever to making renewable energy accessible and affordable for all. By joining MyPower Corp, we'll leverage the stability and strength of the respected global company that is Mitsui to deepen our resources, expand into new markets, develop new services, and continue delivering on the promises that we've made to the communities we serve. Solar energy is a resource that should be enjoyed by all who want access. Together with MyPower, Solstice will accelerate the deployment of clean energy to a broader range of customers," Stephanie Speirs, Solstice CEO.
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