Wednesday, December 13, 2006

groSolar Aquires Energy Outfitters

WHITE RIVER JUNCTION — A national solar energy firm based in Vermont — goSolar — announced today it is buying an Oregon-based solar energy distribution company, making it the fifth largest solar distribution and installation firm in the country, and the first with true reach across all of North America.

The purchase of Energy Outfitters gives groSolar access to key markets in the western United States, namely California, as well as western Canada. The company already has offices on the East Coast, according to company officials. The purchase price was not released.

“This is a great day for groSolar and even a better day for those dedicated to mitigating global warming,’’ said Jeff Wolfe, the company’s founder and chief executive officer. “The combined assets and expertise of the two companies will enable us to put more solar on more roofs across the U.S. and Canada.’’

In recent months, groSolar closed on $2.25 million in venture funding, and has been looking for ways to grow the size and reach of the company. This purchase is one way, said Wolfe...read more

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