Multinational gas and diesel-fuelled engine-based power plant specialists Clarke Energy, a Kohler Company, has announced that it is expanding its geographical and product offering through the acquisition of Co-Energy America Inc. Clarke Energy entered the Midwestern US market in 2016, and the North East of the United States (US) offers an attractive combined heat and power (CHP) incentive base and spark-spread.
According to a statement, this acquisition the value of which has not been disclosed, includes the addition of 17 new employees and an installed gas engine fleet of 95 units, across 5 Northeastern US states. Co-Energy America offers turnkey design, build, and installation along with aftersales support.
This compliments Clarke Energy’s existing product offering and expertise, factors which will be able to be deployed to support the growth of Co-Energy America’s business in the small CHP segment.
This acquisition gives Clarke Energy a strong footprint in the US market. It also expands our technological offering into the smaller CHP market. We will look to support the Co-Energy America team through our engineering and aftersales support strengths and capitalize on synergies with our existing Midwestern operations, said Jamie Clarke, CEO of Clarke Energy.
