New York-based UGE International Ltd. has closed the previously announced acquisition of all the issued and outstanding shares of Endura Energy Project Corp., a Toronto-based renewable energy development company.
“Endura’s engineering and project management experience will markedly enhance UGE’s existing strengths in developing commercial solar projects, allowing our clients to take advantage of the many benefits of distributed renewable energy,” says Nick Blitterswyk, CEO of UGE. “We are excited to welcome the talent and experience of Endura to the UGE family.”
UGE has focused primarily on developing renewable energy solutions for commercial clients in the U.S., Panama, China and the Philippines. Endura, a design-build firm in Ontario, has deployed and consulted on distributed solar projects across Canada, the U.S., and Panama.
Cameron Steinman, president of Endura, was appointed to the board of directors of UGE and will also serve as UGE’s chief strategy officer.
“Together, we are a bigger and better team, committed to providing more affordable, reliable, sustainable energy to our clients across all markets,” comments Steinman.
