Heavy construction contractor Kokosing has agreed to acquire Ohio-based distributed generation solar installer Third Sun Solar. The business will operate as Third Sun Kokosing Solar.
This transaction will allow Kokosing to penetrate the Midwest and Mid-Atlantic residential, commercial and utility-scale markets. The solar division will leverage Kokosing’s existing infrastructure across Ohio, Indiana, Michigan, Pennsylvania, West Virginia, Virginia, Maryland and Washington, D.C., to better serve customers across a larger geographic footprint.
Brady Phillips, a 22-year Kokosing team member who will lead the new division, said he is excited about joining forces with the experienced team of Third Sun Solar: “This acquisition moves us forward in our journey to bring high-quality solar installations to an even bigger market across the Midwest and Mid-Atlantic with improved experiences for our team and for our customers alike.”
“We started our solar business with the mission to accelerate the shift to clean energy,” recalled Geoff Greenfield, co-founder of Third Sun Solar. “As demand for solar skyrockets, it has become clear that now is the time to scale our company to take on the climate challenge head on. With the strength and resources of Kokosing behind us we can scale our impact much faster than continuing on our own. Speed and size are critical as we race to transition every aspect of our energy system to clean sustainable technologies. We are focused not just on solar but on energy storage, EV infrastructure, efficiency and electrification as well.”
Greenfield will stay with the organization, taking the position of Director of Solar Strategy. No changes to Third Sun Solar’s historic team, offices or services are planned other than the centralization of accounting and general administrative services to Kokosing’s Corporate HQ.
Kokosing President and co-CEO Brett Burgett said that entering this growing sector is an exciting new chapter for his family’s 71-year-old construction company: “Kokosing has a long history of diversification, and after watching solar move from the early adopters to the mainstream, now is the right time to add it to the services our company offers. We have a proven track record building conventional energy generation projects and building clean energy projects is a natural progression for us.”
News item from Kokosing
