DALLAS, May 23, 2017 /PRNewswire-iReach/ -- Expected to be finalized by mid summer O3 Group, parent to O3 Energy Solutions, and Foremost Energy are joining forces under the newly formed O3 Energy Corporation. Both companies have a strong shared vision and are actively developing, constructing, owning and operating projects in the commercial and utility solar and wind markets.
Throughout the past 6 years, the strength of O3 Group has been in the development and financing of commercial and small utility projects, while Foremost Energy has historically focused on construction in both commercial and large scale utility projects. This merger will blend both companies capabilities and resources leading to a more streamlined process in order to execute on a large pipeline of projects throughout the United States, Pacific Islands, and Latin America.
"Over the past several years we've been focused on identifying opportunities that will extend and diversify our sources of growth beyond 2019," said Donald Reed, Chief Executive Officer, O3 Energy Corporation. "We are now accomplishing this goal by combining the collective resources and assets of both companies to create a true renewable energy conglomerate."
About O3 Group
Since 2011, Dallas-based O3 Group has provided energy solutions to heavy power users. It specializes in the development, construction, and operations of energy generation systems and facilities. The company provides clients with affordable clean energy through onsite generation. For more information, please visit www.o3energy.com
Media Contact: Preston Howell, O3 Energy, 8889992902, firstname.lastname@example.org
News distributed by PR Newswire iReach: https://ireach.prnewswire.com