SUSI Partners invests in solar PV and storage developer Encore Renewable Energy

Facebook
Twitter
LinkedIn
Reddit
Email
A 3.3MW community solar project in Vermont built by Encore on a brownfield site. Image: Encore Renewable Energy.

Swiss fund manager SUSI Partners, through its Energy Transition Fund (SETF), has invested and acquired a controlling stake in solar PV and storage developer Encore Renewable Energy in the US.

The Swiss fund committed an undisclosed capital investment to support the Vermont-based company’s transformation towards being an independent power producer (IPP).

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 an active presence mainly in the northeastern US, Encore has built an expertise in the redevelopment of brownfield sites. It also specialises in community solar projects.

Moreover, the investment solidifies SUSI’s footprint in the US with previous investments in battery storage – by acquiring a 100MW Texas battery energy storage system development portfolio, as covered by our sister-site Energy-storage.news – and electric vehicles.

Through its fund, the company has made several investments and acquisitions across the globe in the past years such as in Italy, Poland and Australia.

Read Next

July 1, 2025
Spanish independent power producer (IPP) Zelestra has secured financing and reached financial close for its 220MW solar-plus-storage plant in Chile.
July 1, 2025
Swedish independent power producer (IPP) OX2 has begun operations at a 100MW solar PV plant in Poland, its first project as an IPP.
June 24, 2025
Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.
June 18, 2025
Dimension Energy has secured US$360 million in financing to develop a 112MW portfolio of community solar projects across six US states.
May 20, 2025
Third-party ownership (TPO) of non-residential projects in the US has led commercial and industrial (C&I) and community solar financing in 2024.
May 16, 2025
Sungrow has signed a supply agreement with Indian independent power producer (IPP) Juniper Green Energy to provide 835MW of its inverters.

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