New Jersey Solar Portfolio

  • Acquisition
  • 34.5 megawatt (MW)
  • Various C&I off-takers including Six Flags theme park, a manufacturing facility, the CentraState medical system, & the Borough of Carlstadt
  • Acquired: 2023

In February 2023, we announced the acquisition of a 34.5 megawatt (MW) portfolio of operating solar assets in New Jersey, comprising projects ranging in size from 1.6 MW to 23.4 MW.

This portfolio exemplifies our focus on middle-market solar and energy storage, which we believe is a critical — but still underinvested — segment of the renewable energy market. An estimated 14% of all installed solar capacity in the United States comes from the C&I sector, and we look forward to continuing to build our portfolio of operating assets such as these as well as install new capacity to further the clean energy transition.