Aspen Power Acquires 14.1 MWdc Illinois Community Solar Portfolio from Arrow Solar Development

March 17, 2025

Aspen Power has closed a Membership Interest Purchase and Development Services Agreement (MIPDSA) to acquire a 14.1 MWdc portfolio of early‑stage community solar sites in Illinois from Arrow Solar Development LLC. Aspen Power will develop, construct, own and operate the projects—bringing its Illinois portfolio to over 34 MW—and use its financing and development capabilities to advance the sites to long‑term operation.

Buyers
Aspen Power
Targets
14.1 MWdc Illinois community solar portfolio (early‑stage sites)
Sellers
Arrow Solar Development LLC, BOW Energy Holdings, LLC
Industry
Energy
Location
Illinois, United States
Transaction Type
Divestiture

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