Enphase Energy Completes Acquisition of ClipperCreek
The acquisition is expected to provide the following benefits:
- Provides Enphase distributors and installers globally with EV charging solutions that can be sold alongside solar and battery systems
- Launches Enphase into the rapidly growing EV sector with a respected brand and industry-leading products
- Accelerates the Enphase roadmap to enable bi-directional charging capability for vehicle-to-home and vehicle-to-grid applications
- Establishes a domestic manufacturing footprint for Enphase
“We are pleased to close the acquisition of
Enphase Energy, a global energy technology company based in
Founded in 2006 by Jason France, ClipperCreek is a leader in Electric Vehicle Supply Equipment (EVSE). The company offers a wide range of EV charging products designed to be safe, reliable, and grid-ready. ClipperCreek advances the plug-in vehicle market and broadens the acceptance of the most exciting vehicle revolution in a century. For more information, visit https://clippercreek.com. Connect with ClipperCreek on Facebook, Twitter, YouTube, Instagram, and LinkedIn.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of our technology and products, our business strategy, including expansion and the market adoption of our products, and the anticipated growth of EV sales. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties, including those risks described in more detail in Enphase's most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC's website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
Source: Enphase Energy, Inc.