Duke Energy Acquires REC Solar

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Duke Energy, one of the largest energy companies in the country, has acquired full ownership of California-based REC Solar, a provider of renewable energy solutions for commercial customers throughout the U.S. Duke Energy first acquired a majority interest in REC Solar in February of 2015. REC Solar will continue to be a part of Duke Energy Renewables, Duke Energy’s commercial renewables organization. Duke Energy Renewables’ experience in offsite solar and wind energy generation, microgrid, battery storage and other emerging technologies, will supplement REC’s onsite solar expertise. Tune in as we talk with Alan Russo, Senior VP of Sales for REC Solar, about the ramifications of this deal and the opportunities it could provide customers.

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