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Concord’s NextEnergy to be acquired by LoneStar Capital

July 23, 2008

nextenergy purchased by lonestar capitolNextEnergy of Concord is scheduled to be purchased by LoneStar Capital of Texas for $3.6 MM. NextEnergy has installed solar power systems throughout the state of California, its main focus is the Northern California territory. Residential installations account for 90% of NextEnergy’s revenues with small business installations accounting for the remainder. Mr. Randy Kauffman is currently the President and majority shareholder of NextEnergy.

Tags: contra costa politics, business, california politics, solar, california, concord, california politics blog, residential, contra costa news, contra costa county, lone star capitol, nextnergy

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