Friday, November 22, 2024

Madison Energy Infrastructure (MEI) Announces the Acquisition of Pro-Tech Energy Solutions

Madison Energy Infrastructure (MEI), a leading clean energy developer and asset owner, announced the acquisition of Pro-Tech Energy Solutions (Pro-Tech), an early pioneer in the commercial and industrial sector with an accomplished EPC function and a pipeline of offsite solar projects that are perfectly-suited for MEI’s customer base.

The global movement towards clean, local energy has fueled a need for partners to offer and deliver a comprehensive suite of sustainable solutions with certainty, speed, and trust. Pro-Tech’s proven track record, tenacious team, and unique pipeline add immediate strengths and new capabilities to MEI’s growing platform.

Formed in 2009 and based in Moorestown, New Jersey, Pro-Tech has built hundreds of distributed solar projects and has recently developed substantial front-of-the-meter assets across the Northeast and Mid-Atlantic. The integration of MEI and Pro-Tech’s delivery and execution will enable partners and customers to access and benefit from greater, more diverse clean energy offerings.

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“Our growing network of customers deserves the best, and this acquisition immediately enhances our ability to deliver high-impact clean energy solutions to the C&I and public sectors,” Richard E. Walsh, CEO of MEI, said. “Pro-Tech’s reputation for unsurpassed quality, safety, and workmanship—as well as its robust pipeline of projects—boosts our ability to deliver on our mission to advance clean energy and strengthen local communities. We couldn’t be more excited to welcome the Pro-Tech team to our organization, and we look forward to what we’ll achieve together.”

Richard Cooper, CEO of Pro-Tech, said, “Our journey at Pro-Tech has been remarkable, and with Madison Energy Infrastructure’s acquisition, we’re poised to realize even greater heights. What started as a vision will now greatly expand as we become part of Madison’s mission to reshape the future of energy. We’re proud to join their team and contribute with our deep experience and agility regionally and nationally.”

SOURCE : PRNewswire

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