Blue Oak Energy, a solar photovoltaic (PV) engineering, procurement and construction (EPC) firm, has new investors in the Coronal Group LLC and Panasonic Eco Solutions.
Blue Oak delivers solar facilities for businesses and engineering services across the U.S., focusing on commercial and utility-scale solar plants.
The EPC company has developed solar PV systems in more than 600 locations in 30 states with a total capacity of more than 1 GW.
The investment by Coronal and Panasonic will allow Blue Oak to expand to meet their customers’ demand.
Blue Oak will continue to operate independently under the leadership of founder and CEO Tobin Booth.