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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