The Peck Company Holdings to Acquire iSun Energy LLC, Award-Winning Solar-Powered Electric Vehicle Infrastructure Provider and Clean Energy Product Innovator
Accretive acquisition with 2M near-term revenue commitments, 30-40% project gross margin and a software platform for recurring energy service revenues.
Combining Peck’s profitable EPC business for solar, data and electrical contracting with award-winning products and platforms that are modular, scalable and connected is a powerful combination that differentiates the company from other solar EV charging companies.
iSun Energy near term pipeline is in Connecticut, Massachusetts, New York and other locations, to be announced shortly.
Timely market expansion capitalizes on the Biden administration’s plan to make major public investments in renewables and electric mobility infrastructure, including in 500,000 electric vehicle charging stations.
Industry experts anticipate 100 GWs of solar infrastructure will be constructed over the next 5 years, representing 50% growth.
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