Infrastructure and Energy Alternatives LLC says it has acquired White Construction Inc., one of the nation’s largest renewable energy contractors. Terms of the investment were not disclosed. White Construction will remain based in Clinton, Indiana with Buddy White joining the board of IEA and continuing as the President of White Construction. In addition, the White family will acquire a material ownership interest in IEA.
White Construction is an established heavy civil construction contractor providing a range of; traditional, design-build, and engineering, procurement, and construction services across North America. White works in a variety of markets including fossil and renewable energy power, petrochemical, and other heavy industrial markets, as well as local, state and federal infrastructure. The company is ISO 9001 certified. The GFI Energy Group along with IEA management will provide the equity capital for this and future acquisitions.
“This is a great opportunity for us to grow to the next level,” said President of White Construction Buddy White. “IEA and the GFI Energy relationship bring us substantial added capital, resources, and expertise to help our company expand our service offerings and further develop our client support systems. With the continuing demand for renewable energy we see an exciting, growth-oriented future for our company. We believe our commitment to safety, quality and customer service coupled with the added resources of IEA and GFI Energy will strengthen White’s ability to expand and diversify the services we offer to our valued customers.”
White Construction Inc
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