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POWER Magazine27 days ago

Luminace, Renewable Properties Partner on Community Solar Portfolio

Key Takeaway

The community solar market continues to see robust M&A activity, indicating strong investor confidence and opportunities for both developers to exit projects and asset owners to expand portfolios.

AI Summary

  • Luminace acquired a 9.3 MWdc portfolio of community solar projects from Renewable Properties (RP).
  • This transaction highlights ongoing M&A activity and investment in the community solar sector.
  • Renewable Properties, a developer and investor, continues to originate and monetize small-scale utility, community solar, storage, and EV infrastructure projects.
  • Luminace, as an acquirer, is expanding its footprint in distributed generation assets.

Topics

financingm&apolicysolar

Article Content

Luminace has announced the acquisition of a 9.3-MWdc portfolio of community solar projects from Renewable Properties (RP), a leading U.S. developer and investor in small-scale utility, community solar, energy storage, and electric vehicle (EV) infrastructure projects. The post Luminace, Renewable Properties Partner on Community Solar Portfolio appeared first on POWER Magazine .