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Otovo Acquires Commercial Service Portfolio To Enter Commercial Solar Market
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Otovo, a home energy service provider whose operations include branded retail energy supply, announced that it has entered into an agreement with Freedom Power, an Austin-based solar company, to acquire the rights to service the limited warranties of Freedom's commercial solar portfolio, which consists of more than 400 commercial systems, representing approximately 70 MW of capacity.
Freedom Power is a commercial and residential power solutions company that provides heating and cooling, battery backup, solar power, and generator solutions for homes in the states of Texas and Florida, and businesses around the country.
Under the transaction, Otovo will provide service to Freedom Power’s full fleet of commercial customers
"The acquisition marks Otovo's strategic entry into the commercial solar and storage market," Otovo said
Otovo will have the opportunity to provide repair and maintenance services to Freedom Power’s commercial portfolio, and its residential customers in Colorado.
"Otovo anticipates this transaction to be accretive to its net income in 2026. The agreement is subject to standard closing conditions, including completion of due diligence and no material adverse changes," Otovo said
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February 5, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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