Eagle Creek Renewable Energy Acquires Lightstar Renewables
March 19, 2024
An affiliate of Eagle Creek Renewable Energy has acquired Lightstar Renewables, a community solar developer and owner/operator with ~30 MW under construction and a ~1.2 GW U.S. development pipeline. Lightstar was a portfolio company of funds managed by Elda River Capital Management LLC and Magnetar; under Eagle Creek ownership its full development pipeline and assets will be transitioned to Eagle Creek to accelerate its community solar IPP strategy.
- Buyers
- Eagle Creek Renewable Energy
- Targets
- Lightstar Renewables
- Sellers
- Funds managed by Elda River Capital Management LLC, Magnetar
- Industry
- Energy
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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