Spark Power Acquires Bullfrog Power, Expanding Its Commitment to Deliver Smart and Sustainable Power Solutions
TORONTO, ONTARIO, CANADA – July 4, 2018 – Spark Power Corp. (“Spark Power”), a leading independent electrical power services and solutions company, today announced the completion of a transaction to acquire Bullfrog Power (“Bullfrog”), Canada’s leading green energy provider. Bullfrog will become a wholly-owned subsidiary of Spark Power.
The acquisition will enable the two organizations to create the “Utility of the Future,” offering smart, innovative and sustainable solutions in solar, storage, EV infrastructure and other energy efficiency technologies. Customers will be further empowered to fight climate change and help build a smart, sustainable grid.
“The race to develop both grid connected and ‘behind-the-meter’ distributed energy resources is gaining momentum,” said Andrew Clark, co-CEO, Spark Power. “The addition of Bullfrog to the Spark Power Group of Companies gives us an integrated capability and depth of expertise to deliver affordable and sustainable power solutions to the largest power users and utilities markets in North America.”
“By combining with Spark Power, we are able to expand and evolve our solutions offerings to now empower Canadians to conserve, generate or store energy at home or with their business – while helping to build a healthier energy system for future generations,” said Ron Seftel, CEO, Bullfrog Power. “In addition to providing green electricity, green natural gas and green fuel – we will offer innovative solutions that leverage emerging markets and technologies. Consumers want it; the environment needs it; economic forces are driving it – we are pleased to be joining the Spark family to continue to meet the needs of Canadians.”
Spark Power, its subsidiaries, and Bullfrog will continue to operate under their respective brand names. The Bullfrog management team will remain as key members of the combined company.
Spark Power is a leading independent electrical power services and solutions company serving more than 4,500 industrial, commercial, institutional, renewable and agricultural customers, as well as utility markets including municipalities, universities, schools and hospitals across North America. For more information, visit us at www.sparkpower.ca.
Bullfrog Power, Canada’s leading green energy provider, offers renewable energy solutions that enable individuals and businesses to reduce their environmental impact, support the development of green energy projects in Canada and help create a cleaner, healthier world. As a Certified B Corporation, Bullfrog Power meets higher standards of social and environmental performance, transparency, and accountability. Thousands of individuals and businesses in Canada are doing their part to address climate change and air pollution by choosing green energy with Bullfrog Power. To learn more, visit bullfrogpower.com.