AMS Renewable Energy, a distributed solar and storage EPC based in New York City, has announced the strategic acquisition of Collective Solar, a leading distributed solar construction company based in Oswego, New York. This acquisition marks a significant milestone for AMS Renewable Energy as it continues to expand and address a rapidly growing pipeline of EPC work in the Northeast and Mid-Atlantic markets.
Collective Solar, which offers more than 160 MW of solar construction experience, brings an experienced team and a wealth of project-level expertise to AMS Renewable Energy.
With the acquisition of Collective and its construction platform, AMS will now have the internal resources to scale design, engineering, logistics, procurement and construction services for its developer and Independent Power Producer (IPP) customers. The intention is also to explore national growth opportunities.
“We are pleased to welcome Collective Solar to the AMS family,” said Abu Riaz, CEO of AMS Renewable Energy. “Their strong track record in solar construction and their commitment to creating long-term value for their customers align perfectly with our mission. This acquisition will enable us to accelerate the deployment of high-performing renewable energy projects across the region and move us closer to achieving our goal of a cleaner energy and more sustainable future.”
This acquisition enables AMS to bring the civil and electrical activities for its current construction pipeline in-house, increases operational efficiencies across the region and strengthens AMS’ position as a national player among other vertically integrated solar EPCs in the sector.
News item from AMS Renewable Energy
