Bold Renewables Acquires Advanced Energy's Central Inverter Services Business
August 8, 2019
Advanced Energy Industries sold its grid-tie central solar inverter services business to Bold Renewables Holdings, an affiliate of Right Lane Industries. SDR Ventures advised Advanced Energy on the divestiture as Bold Renewables expands its field-service, maintenance and parts platform for central inverters headquartered in Colorado.
- Buyers
- Bold Renewables Holdings, LLC, Right Lane Industries
- Targets
- Advanced Energy's Central Inverter Services Business
- Sellers
- Advanced Energy Industries, Inc.
- Industry
- Renewable Energy
- Location
- Colorado, United States
- Transaction Type
- Divestiture
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