Strategic acquisitions to bolster national presence on the heels of recent merger

Recently merged Horizon Solar Power and Solar Spectrum today announced definitive agreements for two strategic business acquisitions. Horizon Solar Power (Horizon), a premier designer and installer of residential and commercial solar systems in California, announced it has acquired BrightCurrent, the nation’s largest retail marketing services provider for solar and other clean energy home services. In an adjoined statement, Solar Spectrum announced it has acquired the solar sales division of Skyline Solar, a full service award-winning solar management company.

Today’s announcements and Horizon’s merger with Solar Spectrum within the Sungevity brand represents a significant expansion of the two company’s footprint. The Solar Spectrum and Horizon partnership created the second largest provider of residential solar systems in California and the fourth largest in the country. The acquisition of Skyline Solar and BrightCurrent will further broaden the company’s national presence while enhancing its retail and field marketing capabilities. “Partnering with Skyline Solar and BrightCurrent allows Solar Spectrum and Horizon to take one more step towards our vision of providing homeowners and businesses across the country the highest quality solar solutions, backed by the very best in customer care and industry-leading technology,” stated Brian Walrod, President of Horizon Solar Power. “The addition of both organizations provides us the opportunity to our expand national reach while ensuring long-term sustainability and enhancing productivity and our customer experience.”

Founded in 2012, BrightCurrent is a marketing services provider specializing in field marketing for high value products that often require complex, multi-step sales processes. The company helps leading big box retailers generate demand for energy home services by leveraging its proprietary field marketing technology platform and its national network of approved product partners. “Our vision from the start was to drive clean energy adoption by getting residential solar into the nation’s leading retail outlets,” stated John Bourne, BrightCurrent’s CEO & Board Member. “This acquisition will further help us accomplish this important mission.”

Based in New Jersey, Connecticut and Massachusetts and recognized among Solar Power World’s 2017 Top 500 Solar Contractors, Skyline Solar is a full service solar management company offering a full range of project development services. Through its experienced team of licensed architects and engineers, the company specializes in comprehensive project documentation from initial concepts and site selection/evaluation through site plan development/approval, as well as complete building design and construction. “We continue to value our ongoing relationship with Solar Spectrum. By combining our solar salesforce’s under Solar Spectrum, it will help us all grow the opportunities for customers to have solar installed in their homes and businesses,” commented Ryan Lane, CEO of Skyline Solar.

To learn more about Horizon Solar Power, including additional information about the company’s recent merger with Solar Spectrum, visit www.HorizonSolarPower.com. For more information about Solar Spectrum, visit www.SolarSpectrum.com.

Media Contacts:

Frank Kneller

Horizon Solar Power

Tel: +1 951.390.2756

frank@horizonsolarpower.com

William Nettles

Solar Spectrum

Tel: +1 510.868.2923

william.nettles@solarspectrum.com

Brian Fallers

Muse Marketing + Creative

Tel: +1 302.559.6431

brian@musemc.com

About Horizon Solar Power | Since 2008, Horizon Solar Power (Horizon) has served as a premier designer and installer of residential and commercial solar systems in California. Rated an A+ by the Better Business Bureau and a recipient of the 2017 Frost & Sullivan Customer Service Leadership Award, Horizon specializes in providing customized solar systems that precisely fit its customer’s home, energy and savings goals. Recently merged with Solar Spectrum under the umbrella of the Sungevity brand, the company has grown to be one of the region’s most trusted solar installers through its passionate commitment to providing industry-leading energy savings and customer-centric solar solutions, delivered through superior and dependable service. To learn more visit www.HorizonSolarPower.com.

About Solar Spectrum | Solar Spectrum provides technology-driven solar energy solutions to residential and commercial customers. Solar Spectrum's asset-light business model focuses on value-added in-house services for software platform development, project management and customer experience. This focus is enabled by a strong, scalable network of third-party providers for the provision of hardware, installation services and financing. Solar Spectrum's competitive model delivers greater value directly to customers. For more information, please visit www.solarspectrum.com.

BrightCurrent | Founded in 2012, BrightCurrent is the nation’s largest retail marketing services provider for solar and other clean energy home services. BrightCurrent helps leading big box retailers drive demand for energy home services by leveraging its proprietary field marketing technology platform and its national network of approved product partners. BrightCurrent is committed to providing a positive working environment with clear pathways to career growth for its employees. It consistently receives the highest marks on job review sites such as Glassdoor and LinkedIn.

Skyline Solar | Skyline Solar is a full-service solar management company offering a full range of project development services. Their offices provide easy access to all areas of New Jersey, Connecticut, and Massachusetts ensuring complete project coordination and oversight. By providing comprehensive construction management and administration services, Skyline is able to assist their clients through the entire installation process.

Source: Horizon Solar Power