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Beam Energy Group Announces the Recapitalization and Rebranding of Crider Solar

AUSTIN, Texas, July 22, 2015 (GLOBE NEWSWIRE) -- Beam Energy Group, LLC (“Beam Energy Group” or the “Company”) is pleased to announce that it has completed a recapitalization and rebranding of Crider Solar, LLC (“Crider Solar”), effective June 30, 2015. Steven Crider, founder of Crider Solar, will serve as President and Chief Executive Officer of the newly formed Beam Energy Group. Beam Energy’s Randy Finch will serve as Chief Strategy Officer and Chief Financial Officer.

Beam Energy Group will build on Crider Solar’s 20 year history in the manufacturing and installation of large-scale commercial and industrial solar arrays and related structures, with its specific expertise in the design and installation of solar carports and parking canopies. The Company will offer a broad range of solar power services including:

  • Design and engineering
  • Manufacturing and procurement
  • Installation of racking and panelization
  • Operations and maintenance

“Our recapitalization of Crider Solar and rebranding as Beam Energy Group gives us the opportunity to greatly expand our scope of services in the commercial and industrial solar space, and gives us the ability to scale rapidly as solar becomes a primary source of energy in the future,” said CEO Steven Crider. “Solar is a relatively fragmented industry at this point, and Beam Energy’s positioning as a seamless, integrated provider of the entire spectrum of solar services make us a natural fit for developers and owners of large-scale projects who are seeking a total solution.”

Randy Finch, Beam Energy’s Chief Strategy Officer is also bullish on the Company’s prospects. “Steven and I have created a platform that will allow us to become a premier brand in the solar industry,” said Finch. “My background in energy finance and as a founder of GX Technology Corporation, a leading energy technology company, coupled with Steven’s impressive history and reputation in the solar business gives Beam Energy a solid foundation for growth moving forward.”

About Beam Energy Group

Beam Energy is an integrated full-service provider of large scale commercial and industrial solar systems including design and engineering, manufacturing and procurement, installation, and operations and management. Based in Austin, the company works on projects across the entire U.S. See www.beamenergygroup.com for more information.


Media Relations Fleur Robinson 512-694-1952 frobinson@beamenergygroup.com

Source:Beam Energy Group