SunEdison acquires Business Institute Solar Strategy (BISS) GmbH

by Rebecca Walker — January 26, 2009—SunEdison, North America’s largest solar energy services provider, has acquired Business Institute Solar Strategy GmbH (BISS), with offices in Hamburg, Germany and Brescia, Italy.

The transaction provides SunEdison with 38 MW of solar photovoltaic (PV) projects under development in Italy and Spain and direct access to 300 MW of project opportunities in Europe.

SunEdison has more than 68 MW of solar under management globally, with 9 MW of PV systems in Spain. Terms of the deal and projects were not disclosed.

In addition, SunEdison named BISS managing director Gerwin Dreesmann, as General Manager, Europe.

Sun Edison LLC is North America’s largest solar energy services provider and operates across a global marketplace. SunEdison provides solar-generated energy at or below current retail utility rates to a broad and diverse client base of commercial, municipal and utility customers. For more information, see the Web site.