The Solgen Group is excited to announce its merger with Mark Group in its strategic vision to becoming the market leader in solar PV for Australia.
The Solgen Group was formed in 2008 and through its flagship company, Solgen Energy, is an industry leader within the commercial and industrial solar sector. With a significant order book contributing to its financial strength, the company is geared to continue strong growth in this sector.
Solgen Energy has completed many iconic solar installations for high profile commercial and government clients throughout Australia, most recently having been awarded the renowned Adelaide Airport 1.17MW solar installation, on-track for completion early next year. With an influx of exciting projects in the pipeline for 2016, Solgen Energy remains at the top of its game.
Mark Group was formed in 2009 and is a leader within the residential solar PV installation segment, with over 21,000 energy efficiency installations completed in the past 6 years.
Together, Solgen Group and Mark Group are now ideally positioned to capture a leading share of the forecast growth in the residential, commercial and industrial segments with an enhanced customer offering as a broader energy group.
The group will operate as a fully merged entity, recognising the complementary strengths of each entity.
Mark Group Chief Executive David Brown commented:
“This merger combines two great businesses with talented people, great customer solutions and a suite of high quality brands,”
“Together, we provide a scale and level of expertise that allows us to deliver on our strategic intent to be the leading provider of quality renewable solutions in the region,” he added.
Solgen founders David Naismith and Joe Coco will remain as Directors of Solgen Group and join the senior executive team of the combined group.
Mr Naismith said it was a logical fit for the business to merge into an enlarged group.
“Today’s announcement is exciting news for the Solgen team, our customers and our business partners. We share the passion and vision of the Mark Group team to be the leading renewable energy provider in the region,” he said.
“The combination of these businesses immediately enhances the scale and capability across the group. Our combined industry experience positions the group for significant growth opportunities as the solar industry matures to become a critical element ofthe mainstream energy market.”
For further information on Solgen Energy, its projects, and the benefits of installing a solar power system for your business, please browse our website.
About Solgen Group
Solgen Energy, the flagship business behind the Solgen Group, is a leading commercial solar engineering, procurement and construction (EPC) group. With unrivalled experience in the design and construction of commercial-scale solar electric systems for government and businesses across Australia, Solgen Energy has completed many of Australia’s most iconic solar projects.
About Mark Group Holdings Pty Ltd
Mark Group is an Australian-owned and operated leader in the energy efficiency industry with a strong focus on solar PV. Headquartered in Sydney, the company has national operations across most States in Australia. Mark Group Australia was formerly part of the Mark Group UK-based parent company but the operational separation of the businesses was completed in April 2015 and the Australian business is no longer affiliated in any way with the former UK parent company. For more information, please visit www.markgroup.com.au.
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