Announced

Completed

Perch Energy completed the acquisition of Solstice from MyPower.

Synopsis

Perch Energy, a company specializing in community solar energy solutions, completed the acquisition of Solstice, a company specializing in solar energy solutions, from MyPower, an energy solutions provider. Financial terms were not disclosed. “Community solar continues to evolve, mature, and thrive in providing strong recurring clean energy savings to all American consumers during a dynamic energy transition impacting the US. This transition requires the most active companies, like Perch and Solstice, to likewise transform and join forces to expand delivery of the best services to consumers, project owners and developers. Perch Energy takes to heart the critical role we play in providing reliable acquisition services and is investing in a robust technology platform that will provide decades long support for our community solar project developers and sales partners. The combined strengths of Perch and Solstice’s services, capabilities and talented team are foundational to delivering savings and clean energy for residents, businesses and governments. We’re committed to driving the growth of community solar across the US,” Bruce Stewart, Perch Energy CEO.

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MergerLinks - Perch Energy completed the acquisition of Solstice from MyPower.