summit ridge energy

Global Infrastructure Partners (GIP), a subsidiary of global asset owner giant BlackRock, has agreed to acquire a majority and controlling interest in commercial solar PV developer Summit Ridge Energy.

Nautilus and Summit Ridge Energy secured major financing deals to expand community solar projects across multiple US states.

Third-party ownership (TPO) of non-residential projects in the US has led commercial and industrial (C&I) and community solar financing in 2024.

Summit Ridge Energy and Apollo have invested US$400 million to own and operate a portfolio of commercial solar assets in Illinois.

The inverters will be used for commercial solar installations across the US “estimated to exceed 100MW”, Summit Ridge said.

The 1,000 inverters will be deployed at Summit Ridge’s projects across Illinois and Virginia starting in Q1 2025.

The US$309 million back-leveraged term loan will support 80 community solar projects owned by Summit Ridge Capital Holdings, a joint venture (JV) between Summit Ridge Energy and HASI

US community solar developer Summit Ridge Energy and PV manufacturer Qcells have extended their module supply partnership.

US community solar developer Summit Ridge Energy has selected Castillo Engineering to provide design and engineering services on an 82MW portfolio of projects in Illinois, US.

New legislation and fresh investors have made a significant impact on the US solar sector, according to Summit Ridge Energy.