Funding and M&A Roundup: Activ8 Energies Acquires Low Carbon Energy
Solar module manufacturer Goldi Solar secures $15.68 million
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Activ8 Energies, an Ireland-based solar panel provider, has acquired solar energy solutions provider, Low Carbon Energy. Through this acquisition, Activ8, which is 50% owned by SSE Airtricity, a subsidiary of SSE, plans to double its turnover and installed solar capacity in the coming years as it aims to expand its service beyond Ireland with the goal of becoming a leading renewable energy provider for commercial and industrial sectors in the U.K. Low Carbon Energy will continue operating under its existing brand in the near term.
