BBNC Acquires Panhandle Power Solutions
Bristol Bay Native Corporation (BBNC) announced its acquisition of Panhandle Power Solutions, LLC, a construction management and services company based in Destin, Florida, specializing in electrical services, airfield lighting and general construction.
Panhandle Power Solutions, LLC will join the SpecPro Environmental Services (SES) group of companies under BBNC’s construction business line. Its key capabilities include project procurement, estimating, management, administration and construction services.
“This company brings a wealth of experience and has deep roots in the Florida Panhandle area,” said SES president and CEO Basil Skelton. “Their skills, in particular their high to low energy self-performance electrical experience, complements the work that BBNC is already doing in this area, and we are excited to have them as a part of the SES Group of Companies.”
The acquisition was completed at the end of March.
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Alaska Business has been celebrating the corporations that have a significant impact on Alaska’s economy since 1993. At the time, the corporations weren’t ranked as the list didn’t have specific ranking criteria. Instead, the Alaska Business editorial team held long, detailed, and occasionally passionate discussions about which organizations around the state were providing jobs, owned or leased property, used local vendors, demonstrated a high level of community engagement, and in general enriched Alaska.