Press

June 10, 2017

Long Beach Moves Forward on Solar Panel Project

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June 8, 2017

Solar Panels Power up School District Sites

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March 23, 2016

Construction Set to Begin for Oceanside Solar Projects

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March 17, 2016

Central School District, Constellation, and PFMG Solar Dedicate 1.5-Megawatt Solar Generation Project

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July 8, 2015

PFMG Solar’s Focus On Schools Goes Beyond The Bottom Line

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June 9, 2015

Leading SoCal Solar Developer Introduces Its New Name: PFMG Solar

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April 21, 2015

Diamond Ranch to Become First-Ever PUSD School to Install Solar Panels

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March 11, 2015

Scholarship Awarded to Gabrielino High School Senior

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February 27, 2015

Chaffey Joint Union High School District, Constellation and PsomasFMG Dedicate 6.7 Megawatt Solar Generation Project

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November 1, 2014

Solar Project to Save Central School District $6 Million

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January 1 2014

PsomasFMG and Constellation have Entered into an Agreement

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October 7 2013

Solar Project to save Redondo Beach Schools

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February 20, 2013

PsomasFMG puts in Servicea 10.65 MW Portfolio of Solar Projects

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June 28, 2012

County of Orange and PsomasFMG Celebrate Installation of Solar Power System at 5 County Sites

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June 22, 2012

Surf City Solar Firm Turns Long Ties into Profit

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May 4, 2012

WM. S Hart Union High School District and PsomasFMG Celebrate Installation of Solar Power System at 9 Schools

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March 6, 2012

PsomasFMG and NRG Solar to Build Distributed Solar Projects in California

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November 3, 2011

Palmdale School District and PsomasFMG Celebrate Installation of Solar Power System at 18 School Sites

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October 27, 2011

Largest School – Based Solar Project in the U.S. Completed

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March/April 2011

Distributed Energy – From Possible to Probable

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February 25, 2011

The Orange County Register – 9 Site Solar Deal to Create 290 Jobs

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February 23, 2011

The Santa Clarita Valley Signal – How Solar Power is Saving Schools

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For media inquiries, contact info@pfmgsolar.com.

6/22/12

Surf City Solar Firm Turns Long Ties into Profit

A Huntington Beach-based solar energy provider estab- lished less than three years ago by prominent executives with Orange County ties has hit profitability and is projecting $250 million in 2012 contracts.

 

 

PsomasFMG LLC has benefited from its executive team’s deep connections throughout California in finance, govern- ment relations and sales and marketing to find a niche in the region’s growing clean technology industry when competi- tors have struggled.

 

 

The startup has secured about $150 million in solar projects by targeting school districts, counties, cities, water districts and other public entities.

It designs, builds and installs solar panels that generate energy that can be used to power schools and government buildings.

 

 

“We were in a recession, so we thought the government market was a better place to provide a service,” Chairman and Chief Executive Louis Kwiker said.

 

 

Kwiker is also president of First Management Group LLC in San Juan Capistrano, which provides financing for renew- able energy projects. He and longtime colleagues Al Nagy and Paul Mikos founded PsomasFMG in 2009 as a joint venture between First Management and the renewable- energy division of L.A.-based engineering firm Psomas. Kwiker previously served as chief executive of Carson- based Bristol Farms and ePolicy Solutions Inc., a Torrance- based business software maker acquired by ChoicePoint of Alpharetta, Ga., in 2006.

 

 

Finance Background

Nagy is the finance guy and has raised more than $240 million in public funding through First Management and his own consultancies. He previously was founding managing partner of Birtcher Investments, part of Irvine-based Birtcher Development & Investment Co.

 

 

Mikos spent most of his career with Remedy Temp Inc., ris- ing through the ranks to chief executive and chairman of the Aliso Viejo-based employment services company. Under his watch, Remedy went public in 1996; it was sold a decade later to Select Personnel Services of Santa Barbara.

 

 

PsomasFMG brought on James Hankla to strengthen gov- ernment relations. Hankla counts more than 40 years in the public sector and served as board president of Harbor Com- missioners for the city of Long Beach, helping to manage one of the nation’s busiest ports.

 

 

Mikos spent most of his career with Remedy Temp Inc., ris- ing through the ranks to chief executive and chairman of the Aliso Viejo-based employment services company. Under his watch, Remedy went public in 1996; it was sold a decade later to Select Personnel Services of Santa Barbara.

 

 

PsomasFMG brought on James Hankla to strengthen gov- ernment relations. Hankla counts more than 40 years in the public sector and served as board president of Harbor Com- missioners for the city of Long Beach, helping to manage one of the nation’s busiest ports.

 

 

He counts prior stints as chief administrative officer for Los Angeles County, Long Beach city manager and chief execu- tive of the Alameda Corridor Transportation Authority.

 

 

“You have three guys that have run major businesses,” Kwiker said. “You have another guy who has run Long Beach, built the Alameda Corridor, ran the port of Long Beach and ran L.A. County. This is a serious group of people.”

 

 

$20M Agreement

PsomasFMG signed a $20 million power-purchase agree- ment with Orange County last month to design, engineer, build, operate and maintain a solar power system at seven sites. The project is expected to create hundreds of jobs and save the county as much as $5.3 million.

 

 

PsomasFMG, which said it reached profitability for the first time during 2011, supplies all the capital costs on its projects and charges nothing up front, presenting the public sector an attractive incentive to lower utility costs in an environ- mentally friendly way. The company gets financing from Union Bank, Wells Fargo, U.S. Bank and Bank of America, among others.

 

 

Kwiker handles materials procurement and is visiting Japan, Korea, Taiwan and China this week to source panels and other products. The company uses contractors for installa- tins.

 

 

In October, PsomasFMG completed a $52 million, 9.6-megawatt solar project for 10 schools in the Antelope Valley Union High School District—the largest such project in the U.S., according to the company. A megawatt can sup- ply about 1,000 homes with electricity.

 

 

The installation of 40,000 photovoltaic panels above parking ports is expected to produce enough energy to offset 80% of the district’s power needs and save it $400,000 in utility bills in the first year, according to Mikos, executive vice president of PsomasFMG.

 

 

Convenient Commutes

Convenience drove the founders to choose Huntington Beach for the company’s headquarters, as their homes are spread between Long Beach, Manhattan Beach and San Juan Capistrano.

 

 

“We decided we needed some place right in the middle, and we found a place right in the middle,” Kwiker said.

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PFMG Solar develops highly productive, extremely cost effective solar power systems that are good for the environment. We are part of the community, involved and concerned, especially for the young students, who are learning and desire hope for their future and many generations to follow. We have evolved from merely a firm who delivers an excellent service, to a Partner who wants to contribute to the greater good For Many Generations.

Contact us:

7777 Center Ave. Suite 200

Huntington Beach, CA 92647

714.408.2982   info@pfmgsolar.com