Aquus Energy Acquires Solar Energy Integrators

Aquus Energy, Inc. a provider of solar energy systems to commercial and residential customers in the Mid Atlantic and Northeastern regions of the U.S., announced the acquisitions of Mercury Solar Systems LLC and Mercury Solar LLC (together Mercury Solar Systems) based in New Rochelle, New York and Energy Enterprises Inc. based in Mays Landing, New Jersey.

Mercury Solar Systems designs, installs and maintains solar energy and related renewable energy systems for commercial and residential customers in New York and Connecticut. Mercury is a premiere SunPower solar energy systems integrator and also installs solar modules manufactured by Schuco, Sharp, Sanyo, Evergreen and UniSolar.

Energy Enterprises is also a SunPower premiere integrator and also installs solar modules manufactured by BP Solar and Sharp. Energy Enterprises is also one of the leading solar energy contractors in the State of New Jersey working through the New Jersey Clean Energy Program. Energy Enterprises has installed more than 260 solar electric systems totalling more than 2.3 megawatts of solar power.

“Mercury Solar Systems and Energy Enterprises are leaders in their respective markets and provide us with a solid platform on which to build Aquus Energy. We intend to find and acquire similar companies and to grow organically as we build Aquus Energy into the solar energy system integrator of choice for commercial and residential customers,” said Francis Alfano, CEO of Aquus Energy.

Aquus Energy also announced the completion of its Series 1 offering of convertible preferred equity.

“We now have the financial strength to execute our acquisition strategy and drive organic growth throughout our business. We plan to innovate with new products and services and to be at the forefront of industry developments, solar technologies and other viable technologies that will help our customers save on their energy costs and help to protect the planet,” Alfano said.

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