News out today. Start of good things to come. OneRoof Energy and Amergy Solar Collaborate to Make Solar More Accessible and Affordable in New York
OneRoof Energy, Inc.
1 hour ago
SAN DIEGO, July 30, 2015 /PRNewswire/ -- OneRoof Energy, Inc., a residential solar services provider and wholly-owned subsidiary of OneRoof Energy Group, Inc. (ON.V) and Amergy Solar, a New York City-based solar installer, have entered into an agreement to jointly offer comprehensive solar solutions to residential solar customers in New York.
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Bill Wang, president and chief executive officer of Amergy, said, "As Amergy continues to grow its operations both organically and through strategic partnerships and to expand its geographic footprint into additional states where we see the greatest potential to deploy our proven business model in residential solar, we welcome the addition of OneRoof Energy as a residential solar financing partner whose capabilities and geographic reach have good alignment with our growth plans."
Amergy Solar provides solar power to homes, businesses, governments and non-profit organizations, and received the SunPower "Residential National Top Producer of the Year" award for its outstanding sales performance as a SunPower dealer in 2014 and 2013. Amergy Solar does business in New York, New Jersey, Massachusetts, and California.
"Our ability to customize the OneRoof Energy fulfillment platform to meet the needs of Amergy's current and prospective customers was a big decision factor for Amergy and one of our core strengths," said OneRoof Energy president and chief executive officer, David Field. "We have the capability to offer our channel partners flexible, cost effective solutions, premium financing products and a streamlined operations process which will result in reducing overall customer acquisition costs. We are very pleased to welcome Amergy Solar to our growing line-up of residential solar partners."
The agreement between Amergy Solar and OneRoof Energy was facilitated by StormHarbour Securities, an investment bank with offices in New York, London, Hong Kong, Singapore, Tokyo, Lisbon and Madrid.