White Construction will remain based in Clinton, Indiana, and will acquire a material ownership interest in IEA.
The GFI Energy Group in collaboration with IEA management will provide the equity capital for this and future acquisitions.
IEA CEO Paul Daily said White’s management team and long history of high quality construction, safety and responsive customer service enables to capitalize on growth in the wind, solar and other renewable energy markets.
White Construction president Buddy White said IEA and the GFI Energy relationship bring substantial added capital, resources, and expertise to help the company expand its service offerings and further develop its client support systems.
Buddy White will join the board of IEA and continue as the president of White Construction.
