Principal Solar, Inc., a publicly traded renewable energy holding company rapidly advancing the worldwide utilization of solar power through a roll-up strategy, announced on the acquisition of Capstone Solar, a news and networking community for solar professionals. Terms were not disclosed.
“It’s extremely rare to find a group of people as committed to the advancement of solar power as the PSI team, and the ease of this transaction was impressive,” said Dan Bedell, co-founder of Capstone. “As a publicly traded company, PSI has the financial resources and significant industry contacts to rapidly bring its vision to fruition.”