ContourGlobal Acquires 151 MW Solar Portfolio from Sun Tribe Development

TerraForm Power Acquires Sun Tribe Development LLC

May 15, 2025

Renewable Energy

On May 15, 2025, TerraForm Power, an affiliate of Brookfield Asset Management / Brookfield Renewable, acquired Sun Tribe Development LLC, buying the development business and its 4.1 GW pipeline and integrating the development team. The deal transfers the entirety of Sun Tribe Development's project pipeline and personnel to TerraForm Power, more than doubling TerraForm Power's development pipeline to over 6,000 MW while Sun Tribe's EPC and O&M businesses continue to operate independently.

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.

Enbridge Acquires Tri Global Energy

September 29, 2022

Renewable Energy

Enbridge Inc. acquired U.S. renewable project developer Tri Global Energy for US$270 million in cash plus assumed debt, with up to ~US$50 million in contingent payments. The purchase brings TGE’s ~7 GW wind and solar development portfolio and its development team into Enbridge’s renewables platform to accelerate North American growth in wind and solar.

Altus Power Acquires 4-MW Operating Solar Portfolio from Beltline Energy in Georgia

October 7, 2020

Renewable Energy

Altus Power America, Inc. acquired a 4-megawatt operating solar portfolio in Georgia consisting of four single-axis tracker projects and one fixed-tilt project from Beltline Energy, LLC. The projects sell power to Georgia Power and generate roughly 6.5 million kWh annually; the acquisition expands Altus Power's C&I-scale distributed generation portfolio and strengthens its presence in the Southeast.

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.