CET Energy Solutions Accelerates Growth with Four Acquisitions Across Three States

— Platform grows into the Mid-Atlantic and deepens its integrated energy and electrical offering with additions of Direct Electric Services, JDL Electric Company, New Horizons Technologies, and Vanguard Building Solutions —

WORCESTER, Mass., Oct. 28, 2026 /PRNewswire/ -- CET Energy Solutions, a provider of energy and electrical infrastructure services that help modern buildings and critical facilities control costs, operate efficiently, and keep running when it matters most, today announced four acquisitions across electrical construction, solar, and energy solutions.

The acquisitions are as follows:

Electrical Contracting

• Direct Electric Services: Mount Airy, Maryland
• JDL Electric Company: Halethorpe, Maryland
• New Horizons Technologies: Sterling, Massachusetts

Energy Solutions

• Vanguard Building Solutions: Cherry Hill, New Jersey

This announcement follows the introduction of the CET Energy Solutions platform, which includes the acquisitions of NuWave Energy Solutions and Horton Electrical Services. The company has now completed six acquisitions. With more than 400 employees, CET Energy Solutions is deepening its electrical contracting presence across the Mid-Atlantic and New England, while expanding its energy efficiency solutions services nationally with the addition of Vanguard.

"Each of these companies brings something distinct to CET Energy Solutions: new geographies, new customer relationships, and skilled people who share our commitment to delivering high-quality work," said John J. Duquette, Chief Executive Officer of CET Energy Solutions. "CET Energy Solutions now brings together energy services firms that identify, engineer, and finance efficiency projects with a network of self-performing electrical contractors that can execute them, a combination few in the industry can offer."

About the Acquisitions

Direct Electric Services, founded in 2003, is a full-service electrical contractor licensed in Maryland, Virginia, Delaware, and Washington, D.C., specializing in commercial interiors, institutional projects, and service contracts. The company has long-standing relationships with major general contractors in the region. Direct Electric Services will retain its name and operate as a CET Energy Solutions Company.

JDL Electric Company, founded in 1993, focuses on new construction and property management services and is known for large tenant fit-out work. The company is licensed in Maryland and Delaware. JDL will retain its name and operate as a CET Energy Solutions Company.

New Horizons Technologies (NHT), founded in the early 2000s, delivers integrated technology solutions, electrical construction services, and on-call field service to commercial customers across Massachusetts, Connecticut, New Hampshire, Vermont, and Maine. New Horizons will begin operating as Commonwealth Electrical Technologies, a CET Energy Solutions Company.

Vanguard Building Solutions, founded in 2013, provides turnkey energy efficiency solutions to facility owners and operators across healthcare, industrial and warehouse, commercial real estate, hospitality, senior living, higher education, religious institutions, and multifamily markets. Acting as a single point of accountability, Vanguard guides customers from energy audits through implementation of upgrades, including HVAC, LED lighting, indoor air quality, building controls, and solar, and offers financing solutions. Vanguard will transition to the CET Energy Solutions brand name.

The trends behind our investment in CET Energy Solutions, from aging infrastructure to rising power demand and electrification, have only accelerated, and CET Energy Solutions is moving quickly to address these needs," said RJ David, Managing Director at Broad Sky Partners. "This disciplined approach brings deep technical expertise and talented teams together to expand the platform's ability to serve customers."

About CET Energy Solutions
CET Energy Solutions is an integrated electrical and energy platform for modern buildings and critical facilities. Serving a diverse commercial and industrial customer base, CET Energy Solutions delivers energy efficiency, electrical construction, solar, and EV charging solutions from design and installation through ongoing service. Licensed in 10 states across New England and the Mid-Atlantic, CET Energy Solutions offers full electrical construction, solar, and BESS EPC capabilities, along with nationwide energy efficiency project coverage. CET Energy Solutions is backed by Broad Sky Partners.

SOURCE CET Energy Solutions