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Bristol Bay Native Corporation acquires Panhandle Power Solutions, LLC

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FOR IMMEDIATE RELEASE
April 1, 2019

CONTACT
Nancy Schierhorn, Executive Vice President, Chief Corporate Development Officer
(907) 278-3602 or nschierhorn@bbnc.net

Bristol Bay Native Corporation acquires Panhandle Power Solutions, LLC

Bristol Bay Native Corporation (BBNC) is pleased to announce its acquisition of Panhandle Power Solutions, LLC, a construction management and services company based in Destin, FL, 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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About Panhandle Power Solutions, LLC: Panhandle Power Solutions, LLC is a construction management and services company based in Destin, FL.

About the SES Group of Companies: The SES companies provide a range of services, including design-build and civil construction; DoD fuel systems construction, maintenance and repair; demolition and site preparation; a full line of environmental services; and range and MMRP services throughout the United States and at overseas military bases. Learn more at www.ses-grp.com.

About BBNC: Bristol Bay Native Corporation (BBNC) is a responsible Alaska Native corporation dedicated to the mission of “Enriching Our Native Way of Life.” Established through the Alaska Native Claims Settlement Act of 1971, BBNC works to protect the land in Bristol Bay, celebrate the legacy of its people, and enhance the lives of its shareholders. Learn more at www.bbnc.net.