Real Goods Solar, Inc. has signed a definitive agreement to acquire Mercury Energy, Inc. in a merger transaction. Upon closing, Mercury will bring more than 50 employees to Real Goods Solar, including three seasoned executives: Jared Haines, Mercury's co-founder and president, has had a successful career in sales of commercial solar systems and was instrumental in building the Mercury Solar Systems business and brand. Upon closing of the transaction, he will lead commercial sales in the Northeast as vice president of sales at RGS Energy, the Commercial and Utility Division of Real Goods Solar.

Anthony Coschigano, a co-founder of Mercury with years of solar engineering and construction experience, will become vice president of Northeast Operations at RGS Energy helping the combined business to further improve all facets of systems deployment and productivity. Andrew Zaref, Mercury's CFO and COO with more than 20 years of capital raising and financial management experience in high-growth businesses, will become vice president of Project Finance at Real Goods Solar, where he will lead the company's residential and commercial financing and asset management strategies.