Greening Sells 2.1 MWp Industrial Rooftop Solar Portfolio in California and Virginia to International Investor

Greening has announced the sale of a 2.1 MWp portfolio of two industrial rooftop solar projects in California and Virginia, USA to an undisclosed international energy investor. Both projects are permitted and ready to build, with commercial operations targeted for Q4 2026, backed by long-term on-site PPAs with a food packaging industrial group. Greening retains EPC execution via its US subsidiary Greensol.

Transaction date: · Source: greening-group.com

Key facts

Transaction date
Technology
Solar PV
Capacity
2 MW
Transaction price
Not disclosed
Seller
Greening
Region
California and Virginia
Location
California and Virginia, USA
Continent
North America
Development status
Ready-to-Build
PPA
Yes

Technology details

Two industrial rooftop solar PV projects with a combined capacity of approximately 2.1 MWp. Both projects have received required permits for construction commencement. Commercial operation expected in Q4 2026. Combined expected annual generation of more than 3,285 MWh, avoiding approximately 1,314 tonnes of CO₂ per year. Greening retains EPC execution through its US subsidiary Greensol.

Power purchase agreement (PPA)

Long-term on-site PPA contracts with a leading international industrial group in the food packaging solutions sector, delivering renewable energy directly to industrial facilities.

Additional information

Buyer is an undisclosed international energy investor. PPAs are signed with a leading international industrial group in food packaging solutions. This is Greening's first divestment under its 2026–2030 Strategic Plan, presented at end of April 2026. Greening retains EPC execution via its US platform Greensol. The note in the source about '3.3 GW' combined appears to be a translation error in the document header; actual project capacity is 2.1 MWp.

Source

Original announcement: https://www.greening-group.com/de/greening-treibt-die-umsetzung-seines-strategieplans-mit-dem-verkauf-eines-portfolios-von-anlagen-in-den-usa-voran/

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