“By deepening our long-standing relationship with Encore Renewable Energy, we will gain invaluable insights into new geographic markets which we can use to further advance our C&I strategy. “This partnership reflects the progress we’ve steadily been making against our three-pronged strategy for growth,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
The investment compliments two of the strategy's key pillars - organic growth organic regional growth by expanding relationships with existing Industrial and Utility customers, and investment in companies capable of increasing project pipeline opportunities. First announced in late 2019, iSun’s growth strategy highlighted the specific steps the Company would take to accelerate the nation’s transition to solar energy across all sectors. ISun’s investment aligns with its previously stated growth objectives. Provides collaboration opportunities across both parties’ project pipelinesĮxtends Encore’s long-term experience as a registered B-Corp to iSun’s ESG initiativesĮnables Encore to expand its geographic reach while advancing innovative clean energy solutions including solar + storage, brownfield redevelopment and dual land-use/agrivoltaics initiativesįurther strengthens the long-standing relationship between two leading innovators in the community-scale clean energy sector. Investment to accelerate expansion of iSun’s Commercial, Industrial and Utility businesses into new geographic markets
(NASDAQ: ISUN) (the “Company”, or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of construction experience in solar, electrical and data services and a provider of proprietary electric vehicle charging platforms, today announced it has reached a definitive agreement to make a strategic minority interest equity investment in Encore Renewable Energy, a leading innovator in community-scale clean energy and Top 20 US commercial solar developer. WILLISTON, Vt.-( BUSINESS WIRE)-iSun, Inc.
0 kommentar(er)
