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Mainland solar company snaps up Sunetric

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Mar 28, 2014

~~<p>The acquisition of Kai&shy;lua-based Sunetric by a major player in the mainland solar photovoltaic market will provide the local company with access to capital and other resources that will strengthen its presence in Hawaii, Sunetric CEO Alex Tiller said.</p>
<p>Colorado-based RGS Energy has agreed to buy Elemental Energy LLC, which does business as Sunetric, for as much as $19 million in cash and stock, the two companies announced Thursday. The deal is expected to close within the next three months.</p>
~~

The acquisition of Kai­lua-based Sunetric by a major player in the mainland solar photovoltaic market will provide the local company with access to capital and other resources that will strengthen its presence in Hawaii, Sunetric CEO Alex Tiller said.

Colorado-based RGS Energy has agreed to buy Elemental Energy LLC, which does business as Sunetric, for as much as $19 million in cash and stock, the two companies announced Thursday. The deal is expected to close within the next three months. Login for more...



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