Investor Information
Founded in 1998, groSolar has provided solar energy solutions to the distributed generation market in the United States for over 17 years.
In the first years of its operations, groSolar was owned by a founding team of entrepreneurs dedicated to offering high-quality solar to residential customers in the Northeast region of the US. As groSolar expanded, groSolar’s investors grew to include private equity investors focused on the renewable energy industry, including NGP Energy Technology Partners, SJF Ventures, and Calvert Social Investment Fund.
In April 2016, groSolar was acquired by EDF Renewable Energy, Inc. (EDF RE) and became an independently operated subsidiary of EDF RE.
EDF RE is a leading US independent power producer with nearly 30 years of expertise in the renewable industry, covering all range of services from project origination, development, sales and marketing, to long-term asset management. EDF RE currently operates more than 10 gigawatts of renewable energy projects in North America. EDF RE is a subsidiary of EDF Energies Nouvelles. EDF Energies Nouvelles is the renewable energy arm of the EDF group, the leading electricity company in the world. For more information visit: http://www.edf-re.com/