Normal Photo voltaic has acquired an 84 MW, 14 undertaking neighborhood photo voltaic portfolio in Illinois from New Leaf Power.
The portfolio consists of three units of neighborhood photo voltaic gardens within the state: six websites with a capability of roughly 47 MW, 4 websites totaling 12 MW and 4 websites representing 25 MW. Development is scheduled to start this yr.
“Closing on this sizeable portfolio exemplifies Normal Photo voltaic’s functionality to excel even in a demanding financial panorama,” says Mike Streams, chief improvement officer at Normal Photo voltaic. “In an business the place such offers usually pose challenges and devour substantial time, our collaboration with New Leaf Power has been remarkably easy, because of the devoted transaction groups on either side. Our relationship with New Leaf Power is constructed on mutual targets, and we eagerly anticipate many extra profitable offers collectively.”
Together with these portfolios, Normal Photo voltaic and New Leaf Power have collaborated on 20 tasks in three states.
