New Zealand's leading commercial rooftop solar provider Sunergise has acquired Todd's Pacific operations, making it the largest privately-owned commercial and industrial solar company in the Pacific.

The acquisition completes Sunergise's buy-back of the solar companies which it sold to Todd in 2018.

Today's announcement comes off the back of Sunergise's acquisition of Vector's PowerSmart last year, and brings together three of the Pacific's most established renewable energy operators allowing Sunergise to grow its offerings across the region.

Sunergise Founder and CEO Paul Makumbe said the acquisition reinforces the company's long-term vision.

As part of the Sunergise Group, PowerSmart and Todd's Pacific Solar Operations (which includes Fiji based Clay Energy), will continue operating as standalone brands. They will benefit from expanded capital, engineering, and project development capability.

"Sunergise has always been about building long-term energy resilience for New Zealand and the Pacific," said Makumbe.

"Acquiring Todd's Pacific operations, after buying PowerSmart from Vector, strengthens our ability to support more customers and deliver renewable infrastructure that genuinely enables the energy transition across NZ and the Pacific," adds Makumbe.

"By bringing together the deep technical expertise of Sunergise, PowerSmart, and Clay Energy, we now offer unrivalled capability in both remote microgrids that reduce reliance on fossil fuels and large-scale commercial and industrial solar. This combination positions us strongly for the next phase of growth across the Pacific and New Zealand."

The group has delivered large solar projects throughout the Pacific for more than 25 years, with projects across Fiji, Tonga, New Zealand, and the wider South Pacific.

In New Zealand, Sunergise has built the country's largest rooftop solar installation at Manawa Bay shopping centre, and is working on major projects for corporate and industrial clients.

The Group is currently working on renewable energy installations across New Zealand, Fiji, Niue, Tokelau, Vanuatu and the Cook Islands.

Sunergise Group now comprises Sunergise, PowerSmart, and Clay Energy, employing 75 people across Auckland, Tauranga, and Suva.

Collectively, the Group has delivered more than 170 large-scale renewable energy projects across Oceania, deploying 42.8MWp of solar PV, enough to power around 10,000 New Zealand homes every year.

ENDS

About Sunergise:

Sunergise engineers and builds solar energy solutions across New Zealand the Pacific, specialising in commercial and industrial-scale installations in New Zealand and microgrids across the Pacific.

With over a decade of experience and award-winning implementations throughout the region, Sunergise's innovative financing and implementation models help businesses and communities reduce their carbon footprint while achieving energy cost savings.

Timeline:

2010 – Founded by Paul Makumbe, Sunergise consisted of two entities: Sunergise NZ Limited (focusing on NZ projects) and Sunergise International (focusing on Pacific Island projects).

2018 – Seeing the potential in solar, Todd purchased a majority stake in both Sunergise NZ Limited and Sunergise International and created Todd Solar as the New Zealand-focussed entity.

2023 – Todd exited its position in Todd Solar (Sunergise Limited) to focus on its own grid-scale New Zealand solar projects, selling its stake back to Paul Makumbe. Todd Solar renamed Sunergise Limited.

2024 – Sunergise Limited acquired the assets, pipeline, and key employees of Vector PowerSmart.

2026 – Sunergise completed the buyback of all remaining stakes previously held by Todd in Sunergise International which owned Clay Energy.