Monday, April 25, 2016

EDF Renewable Energy Buys groSolar

San Diego-based solar project developer EDF Renewable Energy said this morning that it has acquired groSolar (Global Resource Options, Inc.), a provider of development and engineering, procurement, and construction of solar photovoltaic projects. Financial terms of the acquisition were not announced. groSolar was based in Columbia, Maryland, and had been founded in 1998. The company develops PV projects for developers, utilities, finance, corporate, government, and other institutional clients, according to EDF Renewable Energy. EDF said the acquisition will help diversify its customer base.

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