Power Corporation of Canada's subsidiary Power Energy Corporation (PEC) has acquired Nautilus Solar Energy for an undisclosed sum. The acquisition is expected to close in the second half of this year. The firm will retain its existing management team, while PEC will use the purchase to speed up its growth.
Power Corporation of Canada's subsidiary Power Energy Corporation (PEC) has acquired Nautilus Solar Energy for an undisclosed sum. The purchase came weeks after Nautilus completed the first of three community solar schemes in New York state. The firm will retain its existing management team, while PEC will use the purchase to speed up its growth.