ConnectM Acquires Cambridge Energy for $16.5 Million Solar Projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
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ConnectM Technology announced that Cambridge Energy Resources Private Limited, a wholly owned India-focused distributed energy and solar project developer acquired by ConnectM's India subsidiary, has entered into a definitive agreement with Alpex Solar to execute and deliver distributed solar project development and deployment in India, including rooftop solar and solar irrigation pump projects under India's solar irrigation pump and rooftop solar government programs and related initiatives. The Agreement covers the execution of an initial identified pipeline of approximately 5,000 solar irrigation pumps representing an estimated $16.5 million commercial opportunity to be executed during the next 24 months
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
