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AMS Renewable Energy Acquires Collective Solar to Expand Solar EPC Capabilities
Slice of Energy Team
September 19, 2024
Key Highlights:
AMS Renewable Energy acquires Collective Solar, a leading distributed solar construction firm.
The acquisition expands AMS's EPC work across the northeast and mid-Atlantic regions.
Collective Solar adds 160 MW of solar construction experience to AMS.
The acquisition will scale AMS's design, engineering, procurement, and construction services.
AMS strengthens its position as a national player in vertically integrated solar EPCs.
Source: PR Newswire
Notable Quotes:
"Their strong track record in solar construction and their commitment to creating long-term value for their clients align perfectly with our mission."
"Joining forces with AMS Renewable Energy allows us to leverage their extensive resources and industry knowledge."
Our Take:
The acquisition of Collective Solar by AMS Renewable Energy marks a significant strategic move, allowing AMS to expand its in-house capabilities for solar construction. By integrating the civil and electrical expertise of Collective Solar, AMS is now better positioned to manage larger and more complex projects with improved efficiency. This move also aligns well with the growing demand for renewable energy solutions, particularly as solar energy generation in the U.S. is projected to increase significantly. This consolidation of expertise and resources strengthens AMS's footprint in the renewable energy market and positions it for nationwide growth.