Swell Energy Acquires Renu Energy Solutions
February 7, 2024
Swell Energy, an energy management and virtual power plant provider, acquired Charlotte-based Renu Energy Solutions, including its maintenance subsidiary Sun Service Specialists. The deal expands Swell's foothold across the Southeast and mid-Atlantic, combining Renu's project development and in-house installation/maintenance capabilities with Swell's financing and VPP technology to accelerate deployment of residential and commercial solar plus storage.
- Buyers
- Swell Energy Inc.
- Targets
- Renu Energy Solutions, Sun Service Specialists
- Industry
- Renewable Energy
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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