groSolar acquires Borrego Solar’s Residential Division

Feb 20 2009 | 10:32am ET

Vermont-based solar power installer groSolar will acquire the residential solar division of California’s Borrego Solar Systems.

The deal makes groSolar the fourth-largest residential solar power installer in the United States, with residential operations in nine states. The company, backed by NGP Energy Technology Partners and SJF Ventures, also maintains national distribution and commercial operations. 

The financial terms of the deal were not disclosed.

Borrego Solar’s residential division currently operates in California and Massachusetts.

The groSolar name will now begin appearing at Borrego Solar’s residential locations in San Diego, Berkeley, Sonoma, Orange County, Silicon Valley and Massachusetts.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...