Edison International has completed the acquisition of Chicago-based SoCore Energy LLC, a developer of distributed solar power with a focus on commercial rooftop installations. Financial details of the transaction were not disclosed.
SoCore Energy will become a wholly owned indirect subsidiary of Edison International. SoCore Energy's management team, employees and operations will continue to be based in Chicago.
‘SoCore Energy has built an impressive client base and pipeline of solar projects with large retailers and other businesses,’ says Bert Valdman, senior vice president of strategic planning at Edison International.
The company has participated in a number of installations for retail store chains, including Walgreens and IKEA.