Virginia — Sigora SolarSigora Solar, the largest residential solar company in Virginia, announced the acquisition of Environmental Solar Design, Inc. (ESDI) in efforts to expand its solar footprint in the Golden State.
Located in North Hollywood, ESDI is a solar pool and thermal provider.
ESDI will continue to operate under the ESDI brand for the time being before transitioning to the Sigora umbrella in the coming months. In a location with the largest concentration of swimming pools in the U.S, this strategic acquisition will further increase its solar technology offerings into solar-friendly areas like Los Angeles and San Diego.
“Sigora Solar is strong in solar PV, while ESDI has been a leader in solar thermal and pool heating since its inception back in 1979,” said Ed Murray, Regional President of Sigora Solar. “The companies have complementary areas of expertise, making the acquisition a logical move to expand Sigora’s desire to become a leading provider of clean energy services, including solar heating, thermal and PV in California.”
Sigora Solar acquired Aztec Solar & ELM Solar Distribution, Sacramento-based solar installation and distribution companies, late last year. The acquisition enabled Ed Murray, the owner of Aztec & ELM for more than 40 years, to expand the reach of his solar PV, solar pool heating and distribution companies.
In less than a year, those businesses have realized a 50% increase in revenue. The diversification of energy technology offerings and the market consolidation achieved through the acquisition were designed to respond to the ever-growing interest of “green” living and a growing concern over climate change.
“I am excited about joining forces with Sigora Solar and its west coast team. They have extensive experience in solar PV and a desire to expand their solar thermal and heating offerings. That’s where we come in. That is who we are and what we have been doing for more than 35 years,” said Bob Ellis, owner of ESDI. “We feel that this is a natural fit and will help to bring more renewable energy options to people throughout California.”