TGI Solar Power Group Inc. (OTCPK:TSPG) entered into a definitive agreement to acquire a stake in Lucent Energy Management, Inc. on July 2, 2020. Steven Schwartz, Chief Executive Officer and Chairman of Lucent Energy Management, will become the head of the Solar Energy and Storage Division of TGI Solar Power Group Inc. and will oversee solar and other green developments of TGI Solar Power Group Inc. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2020.