Pineapple Energy Acquires SUNation Energy
November 9, 2022
Pineapple Energy Inc. acquired SUNation Energy, a Long Island-based solar and battery storage installer, in a transaction that closed on November 9, 2022. The deal expands Pineapple's footprint into the northeastern United States, adding SUNation's ~19-year regional business, ~12,000 serviced PV systems and ~$48 million of trailing twelve-month revenue to Pineapple's nationwide solar and storage platform.
- Buyers
- Pineapple Energy Inc.
- Targets
- SUNation Energy
- Industry
- Energy
- Location
- New York, United States
- Transaction Type
- Buyout
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