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Tag: solar


This Blog's on Fire (And Other Stuff)

Vivint Solar seeks to raise $200m through IPO

September 3, 2014Tess Nacelewicz

The fact that Vivint Solar officially filed with U.S. regulators last week for an initial public offering of common stock is an indication that solar continues to be a hot option for security companies. Vivint Solar's parent company is Provo, Utah-based home automation/home security company Vivint, which was bought by The Blackstone Group in 2012 for more than $2 billion. Now, Reuters reported Aug. 26, Vivint Solar has filed for an IPO and set its fundraising target at about $200 million. And the...

GHS Interactive Security, Merrill Lynch, Protection 1, solar, The Blackstone Group, Vivint, Vivint Solar


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Residential

Protection 1 adding solar to its mix

August 8, 2014SSN Staff

ROMEOVILLE, Ill.—Protection 1, based here, is joining the trend of security companies selling solar, the company has announced.Protection 1, one of the nation's largest home and commercial security companies with almost 2 million customers, announced in an Aug. 8 news release that it will “launch Brite Energy, powered by Protection 1 and backed by private equity firm GTCR.” Chicago-based GTCR bought Protection 1 in 2010.Protection 1 is expected to begin selling solar systems in...

Brite Energy, GHS Interactive Security, Protection 1, solar, Tim Whall, Vivint


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