Aspen Power Acquires Pennsylvania Commercial Solar Portfolio
The projects have been acquired by Aspen Power from Sunrise Energy, and construction of the sites is expected to begin in the coming months.
- The projects have been acquired by Aspen Power from Sunrise Energy, and construction of the sites is expected to begin in the coming months.
- All of the projects will be net-metered under Pennsylvania’s Alternative Energy Portfolio Standard Act, allowing Aspen Power to generate energy and sell excess electricity back to the grid.
- “We are excited to announce the acquisition of these solar projects from Sunrise,” said Dan Gulick, Senior Vice President, Aspen Power.
- In November 2022, Aspen Power secured a $350 million investment from Carlyle and acquired Safari Energy, significantly expanding the company's footprint in the commercial and industrial solar market.