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MARS Energy Group Expands with Nelnet Renewable Energy Acquisition
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11 months ago

MARS Energy Group Expands with Nelnet Renewable Energy Acquisition

Global

News Summary

MARS Energy Group, a national energy infrastructure company based in Rocklin, California, has expanded its capabilities through the acquisition of Nelnet Renewable Energy (NRE). This strategic move enhances MARS’s leadership in the Midwest and strengthens its nationwide energy infrastructure platform. NRE, originally founded as GRNE Solutions in 2012, will now operate as part of MARS Energy Solutions, enriching the company’s regional presence and EPC capacity. The acquisition reunites the leadership team that initially founded GRNE, marking both a homecoming and a new beginning for CEO Eric Peterman. This transaction supports MARS’s strategy of building a unified platform delivering solar, storage, and long-term energy solutions to commercial and industrial customers across the United States. The acquisition is seen as a significant step in scaling MARS’s impact in the renewable energy sector.

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