Onyx Renewable Companions and Sol Techniques have reached an settlement for the acquisition and sale of a 24 MW photo voltaic and storage portfolio unfold throughout 5 states.
Sol originated and developed the portfolio’s eight distributed technology (DG) photo voltaic and storage initiatives situated in California, Illinois, Maryland, Massachusetts and New York. Put up-acquisition, Onyx will finance, construct, personal and function them.
“Sol Techniques is devoted to advancing clear power for our company companions and guaranteeing lasting advantages for the communities we work in,” says Sol Techniques’ Andrew Grin.
“Our partnership with Onyx highlights our ongoing dedication to deploying clear power initiatives with a deal with neighborhood engagement and excellence in photo voltaic and storage improvement. Sol values the longstanding relationships we have now constructed with our prospects, and we’re excited to proceed taking part in a pivotal position in supporting the broader transition to sustainable power as these initiatives transfer into building and operations. Sol has constructed greater than 250 MW of DG photo voltaic and storage initiatives and is proud to work with the Onyx workforce to proceed deploying extra renewable power for our valued prospects.”
The portfolio is predicted to be accomplished by early subsequent 12 months.
