Mercury Solar Systems, a leading solar integrator in the United States, has announced that it has acquired K-Star Solar, leading residential solar installer of Long Island.
This move will make Mercury’s presence in the Northeast far more prominent as well as adding to the ever-growing solar market spectrum.
Jared Haines, President, Mercury Solar Systems said of this acquisition, “Long Island is an important market for us with Long Island Power Authority ranked as one of the top ten solar utilities in the country. With K-Star we have an instant footprint in this market and we believe together we can offer commercial and residential customers cutting edge, highly efficient solar solutions at affordable prices.”
After the close of this deal K-Star Solar’s President, Kevin P. Harvey will join Mercury’s Long Island team as Divisional president. The merged company will be collectively known as Mercury Solar Systems.
“Mercury Solar Systems is one of the key players in this market with in-depth commercial and residential solar experience, a strong sales and operational team and an expansive list of products and services,” said Kevin P. Harvey.
Although this acquisition seems to be in the final stages, financial terms have not been disclosed.