Infrastructure and Energy Alternatives LLC (IEA) has acquired White Construction Inc., a renewable energy contractor. Terms of the investment were not disclosed.
White Construction will remain based in Clinton, Ind., with Buddy White joining the board of IEA and continuing as the president of White Construction. In addition, the White family will acquire a material ownership interest in IEA. The GFI Energy Group -along with IEA management – will provide the equity capital for this and future acquisitions.