Radial Energy has acquired 4 New York State group photo voltaic tasks, totaling 22.3 MW, from Galehead Improvement.
Following the closing of every transaction, Radial Energy will oversee the ultimate growth and building of the tasks, which all qualify for the state’s Worth of Distributed Power Sources (VDER) program.
Galehead developed the tasks whereas working with local people members and Nationwide Grid. It owns and can proceed to handle land property for 14 MW of the portfolio beneath its Century LandCo.
“Radial Energy is proud to advance New York’s vitality transition with this portfolio of dependable, emissions-free solar energy tasks,” says Radial Energy CEO John Bates.
“This thrilling collaboration with Galehead represents our dedication to delivering clear vitality options to our prospects that assist renewable vitality targets and assist decarbonize our constructed setting.”