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