SunEdison acquires Business Institute Solar Strategy

22 January 2009

North American solar energy services provider SunEdison has acquired solar project developer Business Institute Solar Strategy (BISS). Financial terms were not disclosed.

BISS has offices in Hamburg, Germany and Brescia, Italy.

The transaction provides SunEdison with 38MW of solar photovoltaic projects under development in Italy and Spain and direct access to 300MW of project opportunities in Europe. SunEdison has more than 68MW of solar under management globally, with 9MW of photovoltaic systems in Spain.

‘The BISS acquisition, which provides SunEdison direct access to 300MW of project opportunities, accelerates our European expansion. Gerwin and the BISS team have an excellent reputation in Germany and unparalleled insight into the European market. They share our rigorous focus on quality assurance in system execution and delivery of solar services. I look forward to working closely with Gerwin as he oversees our operations in Europe,’ said Carlos Domenech, COO and CFO, SunEdison.
SunEdison has offices in the United States, Canada, Spain, Italy, France and Germany.

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Tags: photovoltaic, solar

This story was published on Thursday, January 22nd, 2009 at 5:45 pm and is filed under Europe, deals, solar. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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