Galway Sustainable Capital (Sterling Power Opportunities) Acquires Majority Stake in Forsite Renewables

January 11, 2024

Sterling Power Opportunities, a subsidiary of Galway Sustainable Capital, has acquired a majority interest in Forsite Renewables to fund expansion of the Charlotte-based developer's utility-scale solar and battery storage project pipeline. Galway will retain Forsite's existing management team and provide capital to accelerate development and repurposing of legacy fossil-fuel sites into renewable projects across the United States.

Buyers
Sterling Power Opportunities, Galway Sustainable Capital, Inc.
Targets
Forsite Renewables
Industry
Energy
Location
North Carolina, United States
Transaction Type
Buyout

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