Aspen Power Acquires 51 MWdc Cipriani Energy Group Community Solar Portfolio in New York and Illinois
Aspen Power has announced the acquisition of a community solar portfolio from Cipriani Energy Group spanning New York and Illinois, with a total capacity of just over 51 MWdc. The initial closing covers five projects totalling 19.9 MWdc in New York's North Country and Capital District, with construction expected soon. Six additional projects are expected to close later in 2026. The New York projects will participate in the state's VDER program.
Transaction date: · Source: aspenpower.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 51 MW
- Transaction price
- Not disclosed
- Buyer
- Aspen Power
- Seller
- Cipriani Energy Group
- Country
- United States
- Region
- New York (North Country and Capital District), Illinois
- Location
- New York North Country, New York Capital District, Illinois
- Continent
- North America
- Development status
- Under Development
- PPA
- n.a.
Technology details
Community solar distributed generation portfolio. Initial closing of five projects totalling 19.9 MWdc in New York's North Country and Capital District. Additional six projects expected to close later in 2026, bringing total portfolio capacity to just over 51 MWdc. First five projects expected to generate nearly 29 million kWh of electricity in their first year.
Additional information
Transaction structured as a phased closing: first five projects (19.9 MWdc) closed on 12 March 2026; remaining six projects expected to close later in 2026.
Source
Original announcement: https://aspenpower.com/cipriani1/