Gaz Métro Acquires U.S Solar Firm, Eye Towards Combining Solar, Gas
March 08,2017
Standard Solar, Inc., a solar energy company specializing in the development, installation and financing of commercial solar electric systems nationwide, announced that it is being acquired by Gaz Métro
"This strategic deal not only expands Gaz Métro's presence and expertise in the rapidly growing U.S. solar energy industry, but also opens the door to a promising approach of combining solar energy with other energy sources such as natural gas in the U.S.," Gaz Métro said
Based in Canada, Gaz Métro is a diversified energy company that is active in electric distribution and production including solar and wind power, and natural gas distribution, LNG and renewable natural gas. The company has US$2.9 billion in assets in the U.S, and serves more than 315,000 clients through its various businesses and affiliates in the U.S. Northeast.