Solect Energy Acquires Northeast Division of Brightergy

3/7/17

Solect Energy, the state’s leading commercial developer and installer of solar energy systems, today announced that the company has acquired a division of Brightergy, a solar and energy services provider based in Kansas City, with operations in Boston. Solect acquired Brightergy’s Northeast sales and project management operations in addition to some of Brightergy’s intellectual property developed around commercial solar lead generation.

“We’re very excited to welcome Brightergy’s Northeast division to Solect” says Ken Driscoll, Co-founder and CEO of Solect Energy. “This move will strengthen Solect’s expertise in commercial solar and energy management, deepen our service offerings, and help the company continue to deliver smart clean energy solutions and cost savings to businesses and institutions across New England.”

With more than 1,500 completed commercial solar projects, Brightergy is one of the most experienced commercial solar companies in the United States. The sale of the Northeast division is part of a broader plan to narrow Brightergy’s focus on serving electric utility clients nationwide and commercial clients in the Midwest.

”We were very impressed with Solect’s company culture and the similarities to ours. Once we decided to sell our Northeast division, it was a no-brainer to partner with Solect,” said Adam Blake, Brightergy’s CEO.

“The acquisition supports Solect’s growth and transformation from the leading Massachusetts Commercial Solar Company to New England’s leading clean energy services company,” said Driscoll.

Earlier this month, Solect announced achieving a record-breaking year in 2016, completing 115 sites and installing more than 26 megawatts (MW) in total solar output. Additionally, 2016 saw the official launch of the company’s Solar Services division, as well as expansion into the neighboring states of Connecticut and Rhode Island.

Since the company’s inception in 2009, Solect Energy has grown from a three-person operation to having a core staff of 60 people in 2016. With the acquisition of Brightergy’s Northeast division, Solect has added 15 new employees bringing Solect’s total roster to 75.

About Solect Energy

Solect is a full-service solar photovoltaic (PV) project developer and installer based in Hopkinton, Massachusetts, delivering smart solar and energy management solutions to help businesses and organizations reduce energy costs. As an industry leader in commercial-scale solar energy, Solect takes a practical approach to the development, installation and on-going support of each system. We partner closely with our customers, providing strong financial insight and solar technology expertise to optimize their investment while creating a positive impact on the environment. Solect currently has installed over 57 MW (megawatts) of commercial PV systems, with a primary focus on commercial, light industrial and institutional properties in New England. For more information, visit http://www.solect.com or follow us on Twitter at@SolectSolar.

About Brightergy

Brightergy is one of the most experienced solar and energy service providers in the US. Brightergy has completed more than 1,500 commercial solar projects for 600+ clients across 17 states. To learn more about Brightergy, visit http://www.brightergy.com.

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