Investor Partners Group acquires community solar and storage developer Dimension

Facebook
Twitter
LinkedIn
Reddit
Email
Dimension has developed solar projects in the US totalling 800MW of capacity. Image: Partners Group via Twitter.

Investment firm Partners Group has agreed to acquire a controlling stake in Dimension Renewable Energy, a US-based distributed energy platform focused on community solar and battery storage.

The deal comes three years after Dimension was founded and will see Switzerland-headquartered Partners Group support the company in growing its portfolio and entering new markets, as it aims to become a more than US$1 billion platform.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

With a focus on developing, financing and operating community solar and battery storage facilities across the US, Dimension has grown a pipeline of more than 180 projects in eight states with a combined solar capacity of over 800MW as well as 800MWh of battery storage.

Early last year, Dimension secured a deal to develop a 300MW / 1,200 MWh portfolio of utility-scale battery energy storage projects in New York State alongside Ares Infrastructure and Power.

Partners Group said that community solar benefits from several trends driving the low-carbon transition, including the increasing environmental consciousness of consumers as well as a regulatory landscape facilitating the decentralisation of the power sector to improve reliability.

“The highly fragmented nature of the community solar market in the US, as well as Partners Group’s extensive experience building platform assets, allows for significant potential to add to Dimension’s organic pipeline through project-level M&A,” said Todd Bright, partner, head of private infrastructure Americas, Partners Group.

Recent developments in the US distributed solar space have seen EDP Renewables purchase a majority stake in C2 Omega, the distributed solar platform of renewables investor C2 Energy Capital, and utility Xcel Energy reveal an ambition to develop 1.3GW of distributed PV in Colorado by 2030.

As of Q1 2021, the US had 3.1GW of installed community solar and is expected to deploy a further 4GW of capacity in the next five years, according to the Solar Energy Industries Association, which says more than 40 states now have at least one community PV project online.

Earlier this year, US community solar provider Nexamp closed a credit facility for a 380MW portfolio of PV and energy storage assets, while utility AES Corporation secured a facility to finance the development of a community solar project portfolio totalling 215MWdc of capacity across Illinois, New York and Massachusetts.

Read Next

July 8, 2025
Bulgarian-headquartered solar engineering company Sunotec has acquired 100% of the project company, SIA DSE Lazas Solar, from Danish Sun Energy. 
July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
July 7, 2025
Private equity firm Ardian has completed the acquisition of French independent power producer Akuo, a transaction unveiled in March 2025.
July 4, 2025
Chinese PV provider Skycorp Solar Group has announced a solar plant acquisition and development strategy following unanimous board approval.
July 3, 2025
TotalEnergies has expanded its renewables assets in the Caribbean, sold a stake in projects in Portugal and begun construction on two PV parks in Spain.
July 1, 2025
French private equity firm Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK