Northeast Solar Integrator Expands Through Acquisitions

Aquus Energy, Inc. a provider of solar energy systems to commercial and residential customers in the Mid Atlantic and Northeastern regions of the U.S., announced the acquisitions of Mercury Solar Systems, LLC and Mercury Solar, LLC (together Mercury Solar Systems) based in New Rochelle, NY and Energy Enterprises, Inc. based in Mays Landing, NJ.

Francis J Alfano, CEO of Aquus Energy said, "Our strategy is to become the leading commercial and residential integrator of solar energy systems through both internal growth and acquisitions." Alfano continued "Mercury Solar Systems and Energy Enterprises are leaders in their respective markets and provide us with a solid platform on which to build Aquus Energy. We intend to find and acquire similar companies and to grow organically as we build Aquus Energy into the solar energy system integrator of choice for commercial and residential customers."

Mercury Solar Systems designs, installs and maintains solar energy and related renewable energy systems for commercial and residential customers in New York and Connecticut. Mercury is a Premiere SunPower solar energy systems integrator and also installs solar modules manufactured by Schuco, Sharp, Sanyo, Evergreen and UniSolar. Mercury Solar Systems was founded by J. Jared Haines and Anthony Coschigano, III. Both of who have assumed executive roles with Aquus Energy.

Energy Enterprises, Inc. has been deeply involved with solar energy and other renewable energy systems for over 20 years. Founded by Daniel and Tonya Spitzer, Energy Enterprises has experienced dramatic growth, primarily in residential solar energy system installations in Southern New Jersey. Energy Enterprises is also a SunPower Premiere integrator and also installs solar modules manufactured by BP Solar and Sharp. Energy Enterprises, Inc. is one of the leading Solar Energy Contractors in the State of New Jersey working through the New Jersey Clean Energy Program. Energy Enterprises has installed over 260 solar electric systems comprising of over 2.3 megawatts of solar power. Both Daniel and Tonya will be responsible for growing Aquus Energy’s Southern New Jersey business.

About Aquus Energy, Inc.

Founded in 2007, Aquus Energy is focused on providing solar energy solutions to commercial and residential customers located in the Mid Atlantic and Northeast regions of the U.S. The Company plans to grow organically by expanding its geographic footprint around anchor acquisitions and by offering creative financing options and a wide variety of products and services. Aquus Energy intends to acquire leading well-respected solar energy system integrators and to build a well financed and technically savvy company, while building a recognized brand name known for quality and reliability.

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