Tag: Acquisitions
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SolarCity Set To Acquire ILIOSS & Open Road Into Mexico
One of America’s leading solar developers, SolarCity, will now expand into Mexico, after the announcement of its acquisition of ILIOSS. SolarCity announced Wednesday that it would acquire one of Mexico’s largest commercial and industrial solar developers, ILIOSS, which after the conclusion of the acquisition process will operate as an independent business unit of SolarCity. SolarCity […]
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$54 Million Acquisition: Astrum Solar Bought By Centrica
If you had $54 million dollars, would you buy a rooftop solar company? The Northern American branch of Centrica, Direct Energy, did just that when it recently acquired Astrum Solar. This purchase may turn out to be a good bet, because Astrum is expected to produce $40 million in revenues this year. Centrica is a British multinational utility. It […]