Calibrant Energy merges teams with Kenyon for distributed energy

Calibrant Energy

Calibrant Energy, a leading company in distributed energy solutions, announced today it closed a transaction with Kenyon Energy, after which the management teams of the two companies will merge. Kenyon Energy is a U.S. developer, owner, and operator of distributed solar energy projects.

Firstly, Calibrant Energy will hire Kenyon’s senior management team. Particularly, Kenyon’s Chairman and CEO, Clay Biddinger, will become a board advisor to Calibrant. In addition, Kenyon’s President, Ray Gonzalez, will assume the title of Chief Operating Officer and Senior Vice President of Development of Calibrant.

According to the statement, the Kenyon team will join Calibrant this Monday. The inclusion of Kenyon’s senior management team into Calibrant will introduce significant efficiencies that benefit Calibrant customers and give Calibrant greater capacity to scale its offerings.

Moreover, the transaction also includes the rights of all Kenyon’s pipeline projects. About such matter, Chris Archer, a Calibrant Board Member, said. “Kenyon’s deep expertise makes Calibrant more flexible and faster, which are critical to furthering our goal of growing our leadership position in distributed energy and supporting the green transition by introducing clients to innovative energy solutions.”

Furthermore, about the new leading team, he noted. “Kenyon’s industry-leading team will enhance Calibrant’s ability to quickly and efficiently deploy customized energy solutions and deliver even greater value to clients.”

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Calibrant Energy to offer greater opportunities for growth to Kenyon

On the other hand, Calibrant is a joint venture between Macquarie’s Green Investment Group (GIG); Siemens Smart Infrastructure, and also Siemens Financial Services. The company therefore plans, designs, builds; also owns and operates onsite energy production and storage assets for clients at no upfront cost.

In fact, Calibrant employs a wide range of best-in-class technologies in solar, integrated solar-battery solutions; also, hybrid systems, standalone batteries, microgrids; in addition to combined heat and power, centralized heating and cooling infrastructure upgrades. Consequently, the acquisition and integration with Kenyon will enhance Calibrant’s capabilities all across its value chain.

Ray Gonzalez, President of Kenyon, said. “Calibrant shares our commitment to simplifying the green energy transition and we look forward to leveraging the resources and tailored financing solutions provided by Calibrant’s parent companies, Siemens and Macquarie, that will help clients achieve their energy goals.”

Finally, Kenyon’s Chairman and CEO, Clay Biddinger, said. “Joining the Calibrant team will allow us to provide a broader spectrum of technologies and services to our partners (…) Also, it gives us access to best-in-class financing and technology support to continue delivering impactful energy solutions for our clients.”

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