Eos Energy Solutions, who Grid profiled in our last issue for their work at Feast Your Eyes Catering, has been bought by Mercury Solar Systems, the largest solar integrator on the East Coast. Here's the full release:
"Eos Energy Solutions is proud to announce a merger with Mercury Solar Systems, the largest solar integrator on the east coast. The merger creates an east coast powerhouse with a contiguous service area footprint from Delaware through Connecticut. See more at www.mercurysolarsystems.com.
The merger does not alter any project that Eos has in progress, or in development — other than the Eos team is now backstopped by the most experienced solar team on the east coast.
Andrew Kleeman, Founder, Eos Energy, said "On the very first business day after the closing, several senior Mercury managers toured a few of the larger in-progress Eos projects. The ability of the Mercury team to immediately add value to our projects and our process was extraordinary."
"At the end of the day, there is no substitute for experience, and by joining Mercury, we instantly gain the experience of over 1,000 completed projects. The experience gap we had already developed over our local competitors has been widened ten fold," added Kleeman.
"Eos Energy is the local market leader and provides us a platform to expand our affordable, turnkey solar energy solutions to businesses and homeowners throughout Pennsylvania," said Jared Haines, President, Mercury Solar Systems. "With state imposed rate caps on electricity set to expire at the end of the year, this is an excellent time to invest in solar energy. We look forward to helping more customers capitalize on the rebates being offered under the Pennsylvania Sunshine Solar Program."
Eos Energy will be re-branded Mercury Solar Systems, but in the short term, all of the Eos contact information remains the same: www.eosss.com and 215 787 9999 (main). Additionally, all of the Eos staff remains with the merged entity in similar roles and unchanged personal contact information."