Premier Power Renewable Energy Completes Reverse Merger

Premier Power Renewable Energy, a solar integrator with operations in the US and Europe, has completed a reverse merger transaction resulting in the company becoming a public company.

In connection with the merger, the company closed a $7 million private placement led by Vision Capital Master Investment Fund, which consisted of 3.5 million shares of preferred stock at $2 per share.

GT Securities was the placement agent for the transaction and Genesis Capital Advisors served as the financial advisor.

Dean Marks, president and CEO of Premier Power, said: “Today is an outstanding milestone for the Premier Power family. We are having a strong year and anticipate a series of firsts in the US and European markets that demonstrate the value of our teams’ engineering ability and depth of solar design and installation experience.”