SSE Airtricity is to acquire 40% of Activ8 Solar Energies, a supplier of rooftop solar systems to home and business customers.
The acquisition is subject to approval by the Competition and Consumer Protection Commission. Under the terms of the agreement SSE Airtricity will have an option to acquire an additional 10% shareholding after two years.
In 2016 Activ8 Solar Energies was selected by SSE Airtricity Energy Services as a preferred partner in the delivery of SEAI-supported domestic and community-based retrofit schemes. Commercially, Activ8 partnered with SSE Airtricity in 2017 to install a 1,400-panel rooftop array at The SSE Arena, Belfast, rated at 420kWp.