TIGI successfully completes acquisition of SOLID Solar Energy Systems to consolidate expertise in renewable heat technology
Acquiring Company
TIGI
Acquired Company
SOLID Solar Energy Systems
Hod Hasharon
GrazManufacturingEnergyRenewable EnergySolarBiomass EnergyDescription
TIGI, an Israeli provider of renewable heat generation and storage solutions, has received the Austrian court's confirmation of the restructuring process of SOLID Solar Energy Systems. This strategic acquisition enables TIGI to combine its renewable heat technology with SOLID's global experience and expertise in solar-thermal systems, positioning TIGI as a leader in the International Renewable Heat Energy sector.
Quick answer
TIGI is acquiring SOLID Solar Energy Systems, announced April 15, 2024. TIGI is based in Hod Hasharon, Center District, Israel.
- How much did TIGI pay for SOLID Solar Energy Systems?
- The deal value was not disclosed.
- What does TIGI do?
- TIGI provides turn-key renewable heat solutions, or heat as-a-service to large heat users, industrial and commercial.
- Where are TIGI and SOLID Solar Energy Systems based?
- TIGI is based in Hod Hasharon, Center District, Israel. SOLID Solar Energy Systems is based in Graz, Styria, Austria.
Source: Fundz verified event record.
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Frequently asked
Who acquired SOLID Solar Energy Systems?
SOLID Solar Energy Systems was acquired by TIGI, based in Hod Hasharon. The deal was reported on April 15, 2024. TIGI provides turn-key renewable heat solutions, or heat as-a-service to large heat users, industrial and commercial. TIGI is privately held and operates in Manufacturing.
When did TIGI acquire SOLID Solar Energy Systems?
TIGI's acquisition of SOLID Solar Energy Systems was reported on April 15, 2024. TIGI, an Israeli provider of renewable heat generation and storage solutions, has received the Austrian court's confirmation of the restructuring process of SOLID Solar Energy Systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SOLID Solar Energy Systems do?
It is privately held, and is based in Graz.
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