AGL now Australia’s largest commercial solar provider, completing Epho, Solgen acquisitions
AGL is now Australia’s leading commercial solar provider, officially completing the acquisition of Epho Holding Pty Ltd (Epho) and Solgen Energy Group (Solgen).
AGL Managing Director and CEO, Brett Redman said we’re pleased to be welcoming the teams at Epho and Solgen, two of Australia’s market-leading commercial solar businesses, to AGL.
“These acquisitions are another step in AGL’s energy transition and a clear example of how we are responding to the accelerating market forces of customer demand, community expectations and the development of technology,” Mr Redman said.
“We now have the systems and technologies in place to deliver more than 70MW of commercial solar each year, allowing us to offer customers greater business energy solutions to reduce costs, improve energy efficiencies and lower emissions.
“Our initial focus will be to learn from both Epho and Solgen to ensure an optimal integration and better understand how they will complement our existing business.
“We look forward to providing our business customers with more options, value and convenience on their energy solutions to ensure they continue to have reliable and affordable electricity.”
AGL has a proud history in leading renewables investments such as wind projects, major utility-scale solar assets in Broken Hill, Silverton and Nyngan, and in firming technology like grid-scale batteries.
Most recently, we announced AGL would participate in the proposed acquisition by PowAR of Tilt’s Australian renewables portfolio, giving AGL more renewable energy options in our generation portfolio.
The acquisitions of Epho and Solgen align with AGL’s Climate Statement and Commitments to lead Australia’s transition to a low-carbon economy and support the rise of renewable energy sources in line with customer, community and technology.