CBD Energy Limited Subsidiary Green Earth Developers Grows U.S. Project Pipeline
CBD ENERGY LTD ORDINARY SH (CBDE)
Company Research
Source: Business Wire
Acquisition will accelerate CBD’s expansion into U.S. commercial solar market SYDNEY & NEW YORK--(BUSINESS WIRE)-- CBD Energy Limited (NASDAQ: CBDE) today announced that its forthcoming U.S. subsidiary Green Earth Developers LLC (GED) has grown its pipeline of commercial solar projects, valued at $2,500,000 in April to approximately $15,000,000 to date. CBD and GED have been working together for several months ahead of CBD’s acquisition of GED to enlarge GED’s contracted pipeline. GED provides development, financial, management and turnkey construction services to project owners, developers, investors and other engineering, procurement and construction (EPC) contractors in the renewable energy industry, including solar, wind and utility infrastructure. CBD Energy Limited is a diversified clean energy company and leading provider of solar installations worldwide, having completed more than 17,000 resident
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