Mercury Solar Systems is expanding its U.S. East coast footprint with the purchase of Eos Energy Solutions, based in Center City Philadelphia. According to Mercury Solar, Eos is Pennsylvania's fastest growing solar system integrator. Financial details of the acquisition were not disclosed.
"Eos Energy is a 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 and its former founder, Andrew Kleeman, will remain with the company.
Mercury Solar now serves Pennsylvania, New Jersey, New York (Westchester, Long Island and New York's five boroughs), and Connecticut.