SunEdison buys UK solar sales partner Mark Group

SunEdison buys UK solar sales partner Mark Group

US renewables developer SunEdison Inc (NYSE: SUNE) has taken over Leicester-based solar installation partner Mark Group to set up a direct sales channel in the UK’s residential and commercial space.


Commenting on the deal, Vikas Desai, SunEdison senior vice president of residential and small commercial, said that “[...] this acquisition will enable SunEdison to offer additional energy solutions, products, and services directly to customers”.

Mark Group is a provider of energy efficient solar systems, heating systems, and insulation products that has about two million local customers. It has built a 6-MW solar array, which is considered to be the largest installation on a single rooftop in the UK and is one of the largest employers for solar jobs in the UK.

SunEdison did not mention how much it paid for the acquired business. Yesterday, the US company announced it has agreed to buy Vivint Solar (NYSE: VSLR) in a USD-2.2-billion (EUR 2bn) deal.


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