Bravo Infrastructure Group has acquired Radiance Solar, one of the largest commercial and industrial (C&I) solar engineering, procurement and construction (EPC) contractors in the Southeastern United States, through a capital partnership with Orion Infrastructure Capital.
The financial terms were not disclosed.
Radiance has installed more than 125 megawatts of solar across ground mounts, rooftops, and canopies, including systems with battery storage. Radiance also maintains large operations and maintenance capabilities.
“OIC’s capital partnership with BIG and the acquisition of Radiance represents our collective conviction on the demand for C&I and community solar systems,” said Chris Leary, investment partner and head of infra equity at OIC. “We believe that our structured equity solution will further support environmentally innovative distributed power generation solutions for customers focused on sustainability.”