ClearGen Acquires 19 MW Portfolio of Operating C&I Solar Assets from Tortoise Capital Advisors
ClearGen Holdings has acquired a 19 MW portfolio of 10 operating commercial and industrial behind-the-meter solar projects across California, Colorado, Florida, Massachusetts and New Jersey from affiliates of Tortoise Capital Advisors. ClearGen will assume 100% ownership and asset management responsibilities for the portfolio, in line with its strategy as a long-term distributed energy infrastructure investor backed by CBRE Investment Management.
Transaction date: · Source: businesswire.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 19 MW
- Transaction price
- Not disclosed
- Buyer
- ClearGen Holdings
- Country
- United States
- Region
- California, Colorado, Florida, Massachusetts, New Jersey
- Location
- 10 sites across California, Colorado, Florida, Massachusetts and New Jersey
- Continent
- North America
- Development status
- Operational
- PPA
- n.a.
Technology details
10 operating behind-the-meter commercial and industrial (C&I) solar projects with a combined capacity of 19 MW across five US states. ClearGen acquired 100% of the equity interests and will assume asset management responsibilities.
Additional information
ClearGen is backed by CBRE Investment Management and focuses on distributed energy infrastructure across North America, investing across C&I solar, community solar, battery storage, energy efficiency, EV charging and other distributed energy infrastructure.
Source
Original announcement: https://www.businesswire.com/news/home/20260714806483/en/ClearGen-Acquires-19-MW-Portfolio-of-Operating-Distributed-Generation-Solar-Assets