Helio Micro Utility Acquires Simple Energies


San Francisco-based Helio Micro Utility (Helio mU), a developer and financier of solar energy projects, has acquired Simple Energies LLC, a renewable energy project development company with a 50 MW global pipeline.

The agreement brings Simple Energies CEO Ty Jagerson to Helio mU's executive management team. Jagerson, who was a founding executive of SolFocus and co-founder of the Xerox PARC Cleantech Initiative, becomes president of Helio mU. He will also lead commercial-scale and utility-scale sales for affiliated company HelioPower, becoming executive vice president, commercial sales.

SOURCE: HelioPower

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