03 Sep '13, 2pm

M+W Americas acquires Gehrlicher: M+W Americas (M+W), a company of M+W Group, acquired 100% ownership of Gehrl...

Gehrlicher installs photovoltaic (PV) power plant installations for private, commercial and utility applications. It currently employs 52 staff and has a portfolio of projects and customers both on the East and West Coast of the US as well as a developing base of projects in Mexico, the Caribbean and Puerto Rico. Gehrlicher Solar America Corporation had sales of approximately US$73 million in 2012 and will probably exceed US$150 million in 2013. It will now operate as a stand-alone subsidiary of M+W Americas . The acquisition provides M+W with a proven capability in the engineering, procurement, construction, operations and management of solar power plant facilities in the 1 to 15 MW range. Gehrlicher’s core competencies include ‘big box’ rooftop installations, net metered distributed generation, to medium scale ground installations up to utility grade power plants exceedi...

Full article: http://www.renewableenergyfocus.com/view/34279/m-w-americ...

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