424 Capital Acquires QE Solar
May 7, 2021
424 Capital has completed the acquisition of QE Solar, a Cranford, New Jersey-based provider of operations and maintenance (O&M) services for commercial, industrial, and utility-scale solar and battery energy storage systems. The investment will provide capital to support QE Solar's nationwide workforce growth and expand its capabilities in solar and battery storage services; QE Solar employs over 80 field technicians and engineers and services more than 2.0 GW of C&I solar installations.
- Buyers
- 424 Capital
- Targets
- QE Solar
- Industry
- Renewable Energy
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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