RedShift Energy Buys Superior Solar Systems

Feb 4 2009 | 8:45am ET

Illinois-based RedShift Energy, an arm of the RedShift Capital investment firm, has acquired Superior Solar Systems. Superior Solar is a leading solar energy design and installation firm specializing in solar pool heaters, solar water heaters and photovoltaic systems used for producing solar electricity. Serving commercial, institutional and residential markets, the company has been in operation for more than 25 years. It's located in Longwood, Florida, a suburb of Orlando.

Roger Hruby, managing partner of RedShift Energy, said, "We are elated to make this investment in this particular company because of its technology, capabilities and experienced solar team. This acquisition will serve as the solar energy cornerstone for our alternative energy platform."

David Haddaway, the CEO and former majority stockholder of Superior Solar, said, "RedShift brings vital capital plus a seasoned professional entrepreneurial management approach to fuel the growth of our business and create opportunities for our most important resource, our employees."

RedShift Capital, located in Burr Ridge, Illinois, invests in and manages operations in technology, real estate, alternative energy and banking.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.