Arcadia to merge with Perch Energy for solar expansion
03/11/25, 2:31 PM
Location
Industry
energy
Arcadia and Perch Energy have announced a merger to create a new company focused on community solar. The merger will manage over 1,000 solar projects and operate as a standalone entity. Arcadia will hold majority ownership, while Perch Energy’s CEO Bruce Stewart will lead the new company. This event marks a significant development in the U.S. community solar market.
Company Info
Location
Boston, Massachusetts, United States
Company info
Arcadia is a climate crisis-fighting technology company founded in 2014 and born out of a simple idea: everyone deserves access to clean energy. Arcadia is disrupting the fossil fuel monopoly through unprecedented access to energy data and renewable energy sources. The Arcadia Platform fuels the Internet-of-energy revolution by accessing more than 80 percent of US electric utility accounts nationwide and is the largest manager of community solar subscribers in the United States. Arcadia is obsessed with making energy smarter and turning a decentralized, decarbonized power grid from a distant dream into a tangible reality. Join us in our mission and find out how you or your business can help achieve the vision of a 100 percent clean energy future at www.arcadia.com.