EDF Renewables North America and EnterSolar announced a strategic partnership whereby EDF Renewables will acquire a 50 percent interest in EnterSolar.
"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," stated Paul Ahern, president, EnterSolar.
"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 30MWp alongside behind-the-meter battery storage for the C&I sector. This new partnership will benefit from complementary synergies," said Raphael Declercq, executive vice president, EDF Renewables. "The partnership now provides our customers with a wider choice of comprehensive distributed energy solutions."