Edison International acquires Distributed Solar Company

ROSEMEAD, California – - ROSEMEAD, California – Edison International recently announced that it has completed the acquisition of SoCore Energy, LLC. Based in Chicago, SoCore Energy is a distributed solar developer focused on commercial rooftop installations.

Financial details of the transaction were not disclosed. SoCore Energy will become a wholly owned indirect subsidiary of Edison International. SoCore EnergyÂ’s management team, employees and operations will continue to be based in Chicago.

“SoCore Energy has built an impressive client base and pipeline of solar projects with large retailers and other businesses,” said Bert Valdman, senior vice president of strategic planning at Edison International.

“We are excited about the opportunity to partner with Edison International,” said Pete Kadens, president and CEO of SoCore Energy. “Aligning with a well-branded and progressive energy partner will enhance our attractiveness to customers and broaden our suite of offerings. The future is indeed bright for SoCore Energy.”

SoCore Energy, a privately held company, was established in 2008 and focuses on the solar energy needs of multisite retailers, real estate investment trusts REITs and large commercial and industrial clients. SoCore Energy has designed, installed, and operates 80 commercial-scale solar installations in 11 states.

The company is responsible for executing one of the countryÂ’s largest solar energy rollouts for drugstore chain Walgreens. Key clients also include IKEA, Kimco Realty, and the Simon Property Group.

Related News

substation attack

Neo-Nazi, woman accused of plotting 'hate-fueled attacks' on power stations, federal complaint says

BALTIMORE - A neo-Nazi in Florida and a Maryland woman conspired to attack several electrical substations in the Baltimore area, federal officials say.

Sarah Beth Clendaniel and Brandon Clint Russell were arrested and charged in a conspiracy to disable the power grid by shooting out substations via "sniper attacks," according to a criminal complaint from the U.S. Attorney's Office for the District of Maryland.

Clendaniel allegedly said she wanted to "completely destroy this whole city" and was planning to target five substations situated in a "ring" around Baltimore, the complaint said. Russell is part of a violent extremist group that has cells…

READ MORE
schott-powers-german-plants-with-green-electricity

Schott Powers German Plants with Green Electricity

READ MORE

ontario government

Ontario Businesses To See Full Impact of 2021 Electricity Rate Reductions

READ MORE

Energize America: Invest in a smarter electricity infrastructure

READ MORE

Substation Maintenance Training

Substation Maintenance Training

READ MORE