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Direct Energy Services Acquires Astrum Solar - Deal Analysis from GlobalData

  • October 2014
  • 5 pages
  • GlobalData
Report ID: 2440482

Summary

Table of Contents

Direct Energy Services Acquires Astrum Solar - Deal Analysis from GlobalData

Summary

Direct Energy Services (DES), an integrated energy company and a subsidiary of Centrica, has acquired Astrum Solar (Astrum), a provider of solar panel installation services, for a purchase consideration of $54m. The acquisition enables DES to further expand its operations into the US residential solar market and increase its offerings to both new and existing residential customers.

Scope

The deal analysis report details the following -
- Key drivers of the deal for Direct Energy Services and Astrum Solar
- Company overview of the companies involved

Reasons to buy

- The report gives insights into the rationale behind The deal
- The report helps understand the benefits of the deal to Direct Energy Services and Astrum Solar

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