Ethos Distributed Solutions--as the new, combined company will be called--seeks to establish a leadership position in distributed maintenance, system upgrades and engineering consulting within the wind, solar and wireless markets. The Colorado-based firm currently serves 50 KW to 2.5 MW wind systems, solar systems up to 20 MW, and maintenance, repair, upgrades and installs for telecom clients.
According to Paul Roamer, president, adding the portfolio of projects from Rev1 Renewables compliments Ethos' current work with renewable energy systems. "We are really excited about the marriage of these two businesses," he stated. "By combining resources and talent with Rev1 Renewables, this acquisition allows Ethos to provide competitive professional services nationwide and increase our effectiveness with our current clients. Additionally, our name change better reflects the inclusive spectrum of services we provide in both the renewable energy and telecommunications industry."
To that end, Ethos Distributed Solutions claims to be one of only a few companies operating in the nexus of renewable energy and telecom. The synergy in expertise and operational structure between the three business segments allows Ethos to efficiently schedule its field service crews throughout the United States, providing customers with superior technical knowledge and competitive pricing, Roamer noted.
Ethos Distributed Solutions is banking on the likelihood that the renewable energy market will continue to grow in the United States. As a result, as these systems age, uptime and healthy operation of these assets will be required. "Likewise in telecom – with competition between carriers heating up -- we see service upgrades occurring at a higher frequency than in the past," Roamer stated.