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Solarrus Corporation Acquires MaxGen Energy Services from Signal Energy Constructors - Deal Analysis from GlobalData

  • October 2014
  • -
  • GlobalData
  • -
  • 5 pages

Summary

Table of Contents

Solarrus Corporation Acquires MaxGen Energy Services from Signal Energy Constructors - Deal Analysis from GlobalData

Summary

Solarrus Corporation (Solarrus), an alternative energy services company, has acquired MaxGen Energy Services (MaxGen), a company that provides commissioning, Operations and Maintenance (O&M), and asset-management services for utility-scale solar-power-generating facilities, from Signal Energy Constructors. The acquisition will enable Solarrus further expand its operations.

Scope

The Key Drivers are -
- The acquisition of MaxGen will enable it to increase its geographic presence in the US. MaxGen, which currently has projects in Arizona, California and Nevada, will be able to leverage Solarrus’ wide market presence to move into other geographical markets

Reasons to buy

- To identify the rationale motive behind this M&A deal.

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