MONTVILLE No Greater Love Food Pantry, in Belfast, received a donation from Montville-based ReVision Energy of a 2016 Ford T250 transit van. The van enables the food pantry to continue picking up nutritious food to help serve their community.
Darling’s is a family-owned and operated retailer of new and used vehicles in Maine, with locations in Bangor, Brewer, Ellsworth, Augusta and Brunswick.
Solar installer Insource Renewables joins ReVision Energy
The two Maine-based, employee-owned companies said the deal will help them tackle the regulatory and workforce challenges in Maine’s rapidly expanding solar market.
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Solar installer Insource Renewables of Pittsfield has been purchased by Montville-based ReVision Energy in an agreement the two companies say will help meet the surge in demand for clean-energy solutions in Maine and accelerate the regional transition to renewable energy.
The two Maine-based, employee-owned companies said in a joint statement that the deal will help them tackle the regulatory and workforce challenges in Maine’s rapidly expanding solar market, which has attracted several well-financed, national competitors.
Two Maine solar energy companies have joined forces to meet surging demand for zero-emission solutions and tackle regulatory and workforce challenges amid a growing number of competitors.
The companies, Montville-based ReVision Energy, and InSource Renewables, a smaller business based in Pittsifled, announced a merger agreement over the weekend they re already starting to implement. Terms were not disclosed.
ReVision Energy, structured under an employee stock ownership plan, or ESOP, is owned by its 280 employees. InSource Renewables employs 16 people, of whom six are owners through a cooperative arrangement that typically involves a longer path to employee ownership.
It remains to be seen how many owners and employees of InSource Renewables will join ReVision Energy through the combination, InSource CEO Vaughan Woodruff told Mainebiz by phone on Tuesday morning.