October 13, 2022
Utility Scale Clean Power
Mergers and Acquisitions
Marathon Capital is pleased to announce that Solstice Power Technologies, Inc. (“Solstice”) has been acquired by MyPower Corp. (“MyPower”), an affiliate of Japanese conglomerate Mitsui & Co. Ltd. (“Mitsui”). Solstice is a mission-driven service provider specialized in customer management for community solar development. The acquisition unites Solstice's reputable, community-driven brand with MyPower's access to strong corporate resources and complementary business lines. The acquisition of Solstice enables MyPower to expand further into the U.S. community solar market in order to address today's energy and sustainability challenges.