SolarCity buys Building Solutions (Silicon Valley)

SolarCity Corp. said on Wednesday it has acquired the assets of energy efficiency services and technology provider Building Solutions. Financial terms were not disclosed.

Foster City-based SolarCity said the acquisition will allow it to roll out a wide range of energy-saving services including home energy evaluations; efficient heating, cooling and lighting; water heating; and duct and building envelope sealing.

SolarCity said it plans to extend integrated solar and energy efficiency services across its service areas in Arizona, California, Colorado, Oregon and Texas.

“Building Solutions has built the most advanced set of software tools for assessing energy efficiency return-on-investment that we’ve seen,” said Peter Rive, co-founder and chief operating officer of SolarCity, in a statement.

Read the full post in the Silicon Valley / San Jose Business Journal.