Green Energy Corp has announced its merger with Horizon Energy Group and its sister company Horizon Microgrid Solutions (together Horizon). The transaction closed on March 8, 2013. The merged companies will operate as Green Energy Corp with headquarters in Raleigh, North Carolina. The merger is seen as bolstering Green Energy Corp’s position in the microgrid marketplace, as Horizon has established itself as a leading developer of microgrid solutions. According to a press release issued by Green Energy, the combined company has the capability to design, build and operate microgrids of any size that provide customers with sustainable locally produced power. The company is currently engaged in the design, development, and operation of microgrids with utilities, university campuses, commercial and industrial customers and multi-family housing developments.
Green Energy Corp has established an “enterprise platform” to package complete solutions for sustainable management of power, water and agriculture. A key element of the company’s strategy is full-service implementation of microgrids. In addition to building and operating microgrids for its electricity customers, Green Energy offers toolsets that are designed to enable third party developers to create premier microgrid solutions. The company’s flagship product, GreenBus, provides the platform to deliver Microgrids as a Service (MaaS) to the marketplace.
“The combination of Horizon’s expertise in microgrids, the GreenBus and the enterprise platform enables us to take a lead position in one of the hottest markets today. We are now able to create world-class microgrid solutions optimized to customer specific needs,” stated Peter Gregory, Founder and Chairman of Green Energy Corp.
“In 2010 and 2011 we conducted an extensive analysis for best-in-class software to monitor and control our microgrids. We selected the GreenBus because of its open source approach, scalability, cloud-based architecture and the experience of the Green Energy Corp team in delivering software to the utility industry,” said Steve Pullins, Founder and CEO of Horizon Energy Group.
Source: Green Energy Corp
