The Tahoe solar portfolio.
A 47 megawatt portfolio of operating solar projects, Tahoe is one of the largest independent C&I- and municipal-focused solar portfolios in the U.S.
|Description||Locations||Total Capacity||Date Acquired|
|60 operating solar assets||MA, CA, NJ||46.9 megawatts||November 2018|
The Tahoe portfolio consists of 60 projects totaling 46.9 megawatts of operating solar. It was CleanCapital’s largest acquisition to date when purchased in 2018, and remains one of the largest independent C&I and municipal focused solar portfolios in the U.S. The acquisition was CleanCapital’s first in partnership with BlackRock’s Renewable Power Group.
In June 2019 we announced the refinancing of this portfolio with Santander Bank, N.A. and CIT Bank, N.A. Read more.
“BlackRock Real Assets is excited to launch this new partnership with CleanCapital, which will allow us to more efficiently deploy capital in the distributed generation sector of renewable power on behalf of our clients. Investors are increasingly interested in the investment opportunities presented by the rapidly changing clean energy space, and we’re pleased to invest in solar assets that are well-positioned to capitalize on those trends. We look forward to working with CleanCapital as we continue to grow our investments in distributed clean energy.”
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