iSun Acquires SunCommon

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

August 23, 2024

Renewable Energy

Original Clean Energy, a subsidiary of Clean Royalties backed by Houston-based Siltstone Capital, acquired Williston, Vermont–based iSun and its subsidiaries SunCommon (Waterbury, VT) and Liberty Electric (Salem, NH) following iSun’s bankruptcy. The sale (reported purchase price $10 million) is part of a restructuring and regional growth plan to expand solar, storage and EV charging deployment across northern New England and New York.

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.

Aspen Power Acquires 20-Project Community Solar Portfolio in Illinois

May 1, 2024

Renewable Energy

Aspen Power announced it will acquire a portfolio of 20 community solar projects (up to 19 MW), primarily located in Illinois, partnering with a developer and working with Common Energy to subscribe and manage the projects. The acquisition expands Aspen Power's distributed generation footprint and increases access to community solar for residential and low- and moderate-income customers in Illinois.

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.

Sunnova Acquires SunStreet, Lennar's Residential Solar Platform

April 1, 2021

Renewable Energy

Sunnova Energy International Inc. completed its acquisition of SunStreet Energy Group, Lennar Corporation’s residential solar platform and has been named Lennar’s exclusive solar and storage service provider for new-home communities across the United States. As part of the deal, Lennar committed to provide tax-equity investments to support Sunnova’s homebuilder customer pipeline, enabling Sunnova to scale installations and offer battery storage and other energy services to SunStreet customers.

The AES Corporation Acquires Community Energy Solar, LLC

December 20, 2021

Renewable Energy

The AES Corporation announced the acquisition of US solar developer Community Energy Solar, LLC, adding the developer's ~10 GW project pipeline and experienced development team to AES's renewables platform. The deal expands AES's US renewables development capability and bolsters its pipeline and workforce as the company pursues further growth in utility-scale solar and storage.