Eneco Holding N.V. in the Netherlands has announced that it will take over the activities of Ecostream, the German solar company. Ecostream was previously part of the Econcern group, which became insolvent at the end of May.
Eneco, a leading player in the Dutch energy market, applies an integrated distribution strategy and specialises in the production, transmission, trading, supply and metering of energy and related products and services. The company is making a transition to becoming a sustainable energy company and will continue to make substantial investments in the area of sustainable energy in future.
Ecostream is currently one of the leading system suppliers of solar power systems in Europe, meaning that with this move, Eneco will be able to firmly grasp hold of the solar industry, fulfilling its plans to move into the renewable sector.
“This acquisition opens a chance for us, to continue our successful business activities and to maintain our positioning as a leading system supplier and project partner in the solar market even in the future”, says Peter de Bree, managing director of Ecostream Germany.