Nanjing Cesun Power Acquired by Skycorp Solar Group | Energy M&A Deal

Skycorp Solar Group has acquired Nanjing Cesun Power, a renewable energy business in China, for $3,000,000. Skycorp Solar Group acquisitions are aimed at expanding solar PV and energy management capabilities by adding Nanjing Cesun’s server equipment sales, inverter production, photovoltaic power station operations, and energy management systems. Nanjing Cesun Power acquisition supports Skycorp’s broader renewable energy acquisition strategy by integrating complementary solar infrastructure and power generation revenue streams. The add-on acquisition is announced as Skycorp Solar Group acquires the remaining 56% stake to consolidate 100% of the target, alongside a $3.0 million PIPE private placement by public company investors, with consideration tied to newly issued Skycorp shares.