Integrated Power Services (IPS), a power management lifecycle service, has acquired Bold Renewables, the transaction effective October 9th. Headquartered in Windsor, Colorado, Bold Renewables provides field service, spare parts and preventive maintenance for Advanced Energy central solar inverters branded Solaron, NX, TX and PV Powered.
Bold Renewables, an Integrated Power Services Company.
“The acquisition of Bold Renewables brings new and exciting inverter capabilities that strengthen IPS’s service offering for the lifecycle of solar and wind assets,” said John Zuleger, president and CEO of IPS. “Bold’s exclusive OEM parts position, experienced field service team and installed base reach complement IPS’s engineering, component repair and renewable energy service capabilities.”
Bold supports an installed base of approximately 14,000 legacy solar inverters, representing more than 4 GW of capacity across more than 3,000 solar sites in the United States and Canada. It holds the OEM design drawings, blueprints and firmware for these inverters.
“Joining IPS is an exciting next step for Bold Renewables,” said Brenda Clarke, president of Bold. “IPS brings additional engineering, repair, sales and service resources that can help us support our customers more broadly while preserving the OEM knowledge, parts access and responsiveness they rely on. Together, we can expand the lifecycle solutions available to solar asset owners and operators across North America.”
Bold will join the IPS Motion division as part of its renewable energy services group and operate alongside ENA Electronics and IPS Folcroft.
News item from Integrated Power Services
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