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CousinIT

(12,482 posts)
Fri Dec 3, 2021, 07:29 PM Dec 2021

Koch Industries buys solar power company from GOP Senate candidate [View all]

https://thehill.com/policy/energy-environment/584294-koch-industries-buys-solar-power-company-from-gop-senate-candidate

Koch Industries on Tuesday announced it is buying a solar power company that was owned by an Arizona GOP Senate candidate.

Koch Engineered Solutions (KES) said it bought DEPCOM Power Inc., a company focused on building utility-scale solar power plants.

The company was owned by Republican Arizona Senate candidate Jim Lamon, who is challenging Sen. Mark Kelly (D) in what is expected to be one of the most competitive races of the 2022 midterms, Axios reported.

"This acquisition is a major development for KES, as DEPCOM will enable our entry into the fast-growing renewables market, reinforcing our commitment to the electrical infrastructure market segment," Dave Dotson, president of KES, said.
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