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Lindsay Precast spins off renewables structures subsidiary

By Billy Ludt | October 4, 2023

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Lindsay Precast, a full-service designer, integrator and prefabricator of engineered steel and precast concrete structures for renewables, electrical, utility, transportation, water/wastewater and government end markets, launched its new division, Lindsay Renewables. The Lindsay Precast staff and team responsible for its renewables products will continue operations under the Lindsay Renewables (LR) moniker, providing uninterrupted service for customers.

Credit: Lindsay Renewables

“As market demand for our renewables products and expertise continues to grow, consolidating our capabilities in a new division allows us to streamline operations and accommodate future expansion,” said Ron Lindsay, CEO of Lindsay Precast. “We’re thrilled to unify the clean energy solutions we’ve built over the decades under the Lindsay Renewables name.”

LR’s product set includes battery energy storage systems container integration, prefabricated skid mounted solutions, charging platforms for electric vehicles, solar ballasts for landfill applications and substation equipment foundations within the utility, commercial and industrial markets. In its more than 60 years in business, Lindsay Precast has acquired more than 10 million sq. ft of storage capacity, has deployed over 15 GW of skid-mounted solutions and provided hundreds of megawatts of solar ballasts. The LR division will leverage Lindsay Precast’s nine nationwide locations and operate as a full service integrator, offering design and prefabrication support through a project’s entire lifecycle.

Lindsay Precast was acquired in 2021 by MiddleGround Capital, an private equity firm that invests in North American middle market B2B industrial and specialty distribution companies. Middleground also acquired Dutchland, a manufacturer and installer of precast concrete tanks across the biogas, mine reclamation, water and wastewater treatment market, in 2022. Dutchland operates on the Lindsay Precast platform, and provides additional breadth to the company’s services.

“As the U.S. moves toward clean energy targets while simultaneously managing aging legacy infrastructure, Lindsay Precast offers highly engineered product solutions that support renewable energy transitions and bolster national infrastructure systems,” said Lauren Mulholland, MiddleGround founding partner. “Aligning the company’s core capabilities within Lindsay Renewables positions the company for continued growth, and on a larger scale, allows it to provide even greater contributions to the energy needs of the future.”

News item from Lindsay Renewables

About The Author

Billy Ludt

Billy Ludt is senior editor of Solar Power World and currently covers topics on mounting, installation and business issues.

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