Denver-based Liberty Energy has acquired IMG Energy Solutions, a Pittsburgh-based developer of distributed power systems.
The acquisition is intended to strengthen Liberty Power Innovation’s power solutions offering by incorporating IMG’s advanced engineering designs, software control systems, utility interconnection experience, and power marketing expertise.
“The IMG team is excited to join forces with Liberty, which has a long history of successful deployment of capital into the energy space with innovative, world class customer-centric product solutions,” IMG CEO Mike Brady said in a statement. “We look forward to leveraging our collective experiences to further the successes of our customers.”
"The acquisition of IMG cultivates bench strength across LPI, representing a significant step forward. It accelerates our engineering design and construction capabilities, augments our systems controls, and enables the immediate participation in PJM market activities," Liberty CEO Ron Gusek said in a statement. "By bringing IMG into the Liberty family, LPI is well positioned to deliver low emissions, capital efficient energy solutions with a fully integrated power solution across the value chain.”
