Original Clean Energy / Siltstone Capital Acquires iSun (including SunCommon and Liberty Electric)

iSun Acquires SunCommon

October 29, 2021

Renewable Energy

iSun, Inc. completed the acquisition of SunCommon, adding a leading residential, community and commercial solar installer to its business for approximately $25.5 million in cash plus 1,810,915 shares of iSun common stock, with additional working capital and employee distributions. The deal positions the combined company as a regional full-service solar installation leader across residential, commercial, industrial and utility-scale markets and supports iSun's East Coast residential expansion strategy.

CleanCapital Acquires 22.7 MW, 40-Asset Solar Portfolio From Kendall Sustainable Infrastructure

December 17, 2024

Renewable Energy

CleanCapital acquired a portfolio of 40 solar assets totaling 22.7 MW from Kendall Sustainable Infrastructure (KSI), expanding its operating distributed solar footprint across Vermont, New York and California. Manulife Investment Management and its institutional co-investors committed an additional $145 million of equity to CleanCapital to fund development, construction and future acquisitions; the sale closes out KSI’s first fund dedicated to community solar.

Madison Energy Infrastructure Acquires Sun Tribe's Commercial and K-12 Solar Portfolio

April 16, 2024

Renewable Energy

Madison Energy Infrastructure has acquired Sun Tribe's commercial assets, project pipeline, and commercial development team (Sun Tribe Solar), including onboarding of the commercial development leadership. The divestiture lets Sun Tribe sharpen its focus on utility- and community-scale solar while enabling Madison to expand its municipal and K-12 solar footprint and continue the Solar Empowered Schools program nationally.

Greenbelt Capital Leads Growth Investment in ION Solar

March 8, 2022

Renewable Energy

Greenbelt Capital Partners led a growth investment in ION Solar alongside Trilantic (Trilantic Energy Partners II North America), Blackstone Credit and Energy Impact Partners. ION Solar founders will retain majority ownership as the company uses the capital to expand geographically and into adjacent residential energy products such as storage and EV charging.

Solaris (DIP Lenders/GoodFinch) Acquires Substantially All Sunnova Assets; SunStrong to Manage Portfolio

September 4, 2025

Energy

Solaris Assets, LLC (an acquisition vehicle formed by an ad hoc group of DIP financing lenders and affiliates and entities controlled by GoodFinch Management, LLC) completed the purchase of substantially all assets and business operations of Sunnova Energy International Inc. in a court‑supervised Chapter 11 sale. The deal was structured as a credit bid plus $25 million in cash and certain cure payments, and Sunnova’s core operations will transition to SunStrong Management, LLC as the asset manager to ensure continuity of residential solar servicing, O&M, and portfolio management.

Sunworks, Inc. Acquires Solcius, LLC

April 13, 2021

Renewable Energy

Sunworks, Inc. (NASDAQ:SUNW) agreed to acquire privately held Solcius, LLC in an all-cash transaction valued at $51.8 million (cash-free, debt-free), combining Sunworks' commercial and utility capabilities with Solcius' residential installation platform. The deal creates a national solar provider with a presence in 12 states and pro forma 2020 revenue of approximately $131.5 million, with Sunworks expecting synergies and near-term profitability post-integration.