With the acquisition of PowerPlay Battery Energy Storage Systems, a unit of SunGrid Solutions Inc., Generac (GNRC) aims to expand its energy technology offerings for C&I projects.
Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the acquisition of PowerPlay Battery Energy Storage Systems, a division of SunGrid Solutions Inc., a leading engineering, procurement and construction (EPC) company for energy storage. PowerPlay specializes in providing turnkey Battery Energy Storage Systems (BESS) solutions tailored for commercial and industrial (C&I) projects up to 7
Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter the strategy outperformed the Russell Midcap Index. The strategy returned 9.74% (gross) and 9.55% net of fees vs 8.60% for the index. As the economy and profit […]