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Synopsis
Swell Energy, an energy management and grid solutions provider, completed the acquisition of Renu Energy Solutions, a company that offers customized residential and commercial solar and energy storage solutions. Financial terms were not disclosed. “With rapidly growing energy demand, favorable policies, and high solar potential, the Southeast is quickly becoming one the most attractive markets in the country for solar and energy storage systems. Swell’s robust technology portfolio combined with Renu’s full-service in-house team and unique expertise will drive innovation and ensure clean energy solutions are not only accessible, but also efficient, reliable and tailored to the individual needs of our customers," Jay Radcliffe, Renu Energy Solutions President.
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