SunEdison Acquires Business Institute Solar Strategy

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Solar energy services provider SunEdison has acquired Business Institute Solar Strategy GmbH (BISS), with offices in Hamburg, Germany, and Brescia, Italy.

The transaction provides SunEdison with 38 MW of solar photovoltaic projects under development in Italy and Spain and direct access to 300 MW of project opportunities in Europe. SunEdison says it has more than 68 MW of solar projects under management globally, with 9 MW of PV systems in Spain. Terms of the deal and projects were not disclosed.

In addition, SunEdison named BISS managing director Gerwin Dreesmann general manager, Europe.

SOURCE: SunEdison

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