CET Energy Solutions Launches as a Leading Privately Held Electrical and Energy Services Platform to Meet Growing Nationwide Demand

— Commonwealth Electrical Technologies announces expanded capabilities and a growing team of more than 300 employees, bringing together the expertise and resources to help customers navigate a rapidly evolving energy landscape —

WORCESTER, Mass., Oct. 21, 2026 /PRNewswire/ -- CET Energy Solutions today launched as the parent company of Commonwealth Electrical Technologies, Horton Electric, and NuWave Energy, bringing together more than 300 employees with six locations across the Northeast, Mid-Atlantic, and West Coast, and project delivery nationwide. The company provides energy and electrical infrastructure services that help modern buildings and critical facilities control costs, operate efficiently, and keep running when it matters most.

CET Energy Solutions' expansion comes amid rising electricity costs, increasing power demand, aging infrastructure, and evolving energy regulations. Through its growing network of electrical contracting and energy services companies, CET Energy Solutions offers customers a comprehensive range of services, including electrical construction, energy efficiency, mechanical systems, renewables, battery storage, backup power, and ongoing operations and maintenance.

Founded in Massachusetts in 2008 as Commonwealth Electrical Technologies, the company has grown from a regional electrical contractor into an electrical and energy services provider. CET Energy Solutions continues to expand through strategic acquisitions and partnerships with established electrical contractors and energy services businesses.

"Customers today are facing an increasingly complex energy environment, from rising costs and aging infrastructure to greater demands for reliability, efficiency, and resilience," said John J. Duquette, Chief Executive Officer of CET Energy Solutions. "We've built CET Energy Solutions to bring together the expertise, resources, and capabilities customers need to meet these challenges, while preserving the local relationships, commitment to safety, and high standards of service that have always defined our businesses. As we continue to grow, our focus remains on delivering more comprehensive solutions while maintaining the trust and accountability our customers have come to expect."

The launch also includes a new corporate website, www.cetenergy.com, reflecting the company's expanded capabilities and national reach. Commonwealth Electrical Technologies and Horton Electric will retain their established brands, while NuWave Energy will transition to the CET Energy Solutions name.

CET Energy Solutions' growth has been driven organically and by the addition of established businesses that complement its core electrical contracting expertise and expand its geographic reach and service offerings. The platform currently includes:

• Commonwealth Electrical Technologies, the Massachusetts-based electrical contractor where the company began, which will continue operating under its established name as Commonwealth Electrical Technologies, a CET Energy Solutions company.

• Horton Electric, a Connecticut-based electrical contractor acquired in September 2026, which continues to operate as Horton Electric, a CET Energy Solutions company.

• NuWave Energy, acquired in 2025, which expanded the company's energy services capabilities and national reach, including operations in Massachusetts, California, and Colorado. NuWave is transitioning to the CET Energy Solutions brand.

"CET Energy Solutions is the platform we set out to build when we first invested in Commonwealth Electrical Technologies. We believed the convergence of aging infrastructure, rising power demand, and electrification would make skilled electrical and energy services more essential than ever, and CET Energy Solutions is well positioned to meet that demand at scale," said RJ David, Managing Director at Broad Sky Partners. "John and the team have combined the right capabilities, people, and geographic reach to help customers navigate those challenges, and we look forward to supporting the company's continued growth."

CET Energy Solutions is backed by Broad Sky Partners, a New York-based private equity firm that invests in middle-market companies providing essential business services.

About CET Energy Solutions:
CET Energy Solutions is an integrated electrical and energy services company for modern buildings and critical facilities. CET Energy Solutions provides electrical contracting, energy efficiency programs, generator service, battery storage, renewables, and energy infrastructure services for customers in sectors including commercial and industrial facilities. Founded in 2008 in Massachusetts as Commonwealth Electrical Technologies, the company today brings together Commonwealth Electrical Technologies, Horton Electric, and NuWave Energy, with more than 300 employees across six locations and project delivery nationwide. Learn more at cetenergy.com and follow them on LinkedIn.

About Broad Sky Partners:
Broad Sky Partners is a private equity firm that partners with leading middle market companies that provide essential services to business services end markets. The firm offers a differentiated approach to sector-focused, thematic investing and value creation. Its Portfolio Resource Group is dedicated to helping companies capitalize on growth opportunities. Broad Sky is based in New York City.

SOURCE CET Energy Solutions