Onyx acquires C&I portfolio from SunEdison

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The portfolio is comprised of assets located in California, Arizona, Massachusetts and Vermont. (Image: SunEdison)

Onyx Renewable Partners LP, a finance and development company focused on commercial and industrial (C&I) markets and small-scale utility PV projects, announced that it has closed a deal to acquire a portfolio of C&I assets from SunEdison.

The portfolio, which was acquired for an undisclosed amount, is comprised of assets located in California, Arizona, Massachusetts and Vermont. While additional information on the assets were not made available, both companies expect this move to be the first of several closings.

Matt Rosenblum, CEO of Onyx, noted: “We are excited to further advance our C&I footprint with this broad array of projects.”

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