EDF Renewables North America Acquires 50% Stake In EnterSolar

EDF Renewables and EnterSolar have entered a strategic partnership 

EDF Renewables North America and distributed generation solar solutions provider EnterSolar have signed off on a strategic partnership that will see EDF acquire a 50% interest in EnterSolar.

Through this partnership, the companies will offer commercial and industrial (C&I) customers a large assortment of behind-the-metre services. 

The new deal will see both companies combine EDF North America’s experience in renewable energy and storage projects with EnterSolar’s 12-year track record of developing behind-the-metre solar photovoltaic projects for a broad range of corporate clients.

The deal will see both companies combine EDF’s experience in renewable energy and storage with EnterSolar’s 12-year track record of developing behind-the-metre solar photovoltaic projects for a broad range of corporate clients

One facet of the partnership will see EDF Renewables provide both growth capital and project financing capabilities to EnterSolar.

Paul Ahern, president at EnterSolar, said: “We are delighted to announce this partnership with EDF Renewables, which, in conjunction with a strategic investment, provides EnterSolar with enhanced growth opportunities and the ability to further advance our goal of becoming the preferred provider of distributed generation solar solutions to the corporate marketplace.”

“We are delighted to announce this partnership with EDF Renewables, which, in conjunction with a strategic investment, provides EnterSolar with enhanced growth opportunities and the ability to further advance our goal of becoming the preferred provider of distributed generation solar solutions to the corporate marketplace.”

Raphael Declercq, executive vice president at EDF Renewables, added: “We are impressed with the quality of the EnterSolar team and the striking natural fit between our offerings.

“EnterSolar has a remarkable customer satisfaction track record with C&I customers, while EDF Renewables Distributed Solutions brings strength and experience specific to ground-mount solar projects up to 30MW alongside behind-the-metre battery storage for the C&I sector.”

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *


About us

Impact4All is designed to deliver the full spectrum of news, analysis and connectivity that allows all players and audiences to become informed and participate at any level in the new energy sector. It is designed to break down barriers between audiences, activists and investors.

Impact4All.org is currently developing and preparing to deploy a best in class, multi-level, universally accessible tender, transaction and e-commerce facility (I4A.exchange). This has been designed and built for all participants, at all levels within the ecosystem of renewable energy and resource management investments. This platform will allow contacts and connections to be facilitated more efficiently, accelerating climate solution projects globally.





Newsletter



CONTACT US

Print Friendly, PDF & Email