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Scale Microgrid Solutions Acquires Microgrid in Bridgeport, Connecticut
Ryan Goodman, Scale CEO, describes “first of many” acquisitions Scale expects to make
“Scale is investing hundreds of millions of dollars to acquire and optimize distributed energy resources, including those currently in commercial operations or in late-stage development,” Ryan Goodman, Scale CEO and co-founder, said June 4.
The acquisition is the “first of many” Scale expects to announce soon, according to Goodman.
Scale described the acquisition as an example of how it uses its balance sheet and financing expertise to partner with developers, owners and operators on distributed energy projects, according to Scale, a portfolio company of Warburg Pincus, a private equity firm.