Standard Solar Acquires 12-MW Community Solar Project Portfolio from New Leaf Energy
November 15, 2023
Standard Solar, a Brookfield Renewable company, has acquired a 12-megawatt community solar project portfolio in Virginia from New Leaf Energy, comprising one project in Chatham and two in Kilmarnock. The projects — including over 7 MW allocated to low- and moderate-income customers in Kilmarnock — are expected to generate about 19,811 MWh annually and mark Standard Solar's entry into Virginia's community solar market.
- Buyers
- Standard Solar
- Targets
- 12-megawatt community solar project portfolio (Chatham and Kilmarnock, Virginia)
- Sellers
- New Leaf Energy
- Industry
- Energy
- Location
- Virginia, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Standard Solar Acquires Churchill Street Solar Farm from Sunfarm Solar
January 29, 2025
Renewable Energy
Standard Solar has acquired the 3.2 MW Churchill Street Solar Farm in Pittsfield, Massachusetts from developer Sunfarm Solar, expanding its operating solar portfolio in the state. The ground-mounted, five-array project will be added to Standard Solar's owned assets as the company continues to grow its presence in the Massachusetts renewable energy market.
-
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.
-
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.
-
Standard Solar Acquires 4.98 MW Bent Bow Community Solar Project from Energy Management, Inc.
July 9, 2024
Renewable Energy
Standard Solar has acquired the 4.98-megawatt Bent Bow Community Solar project in Doña Ana County, New Mexico from developer Energy Management, Inc. The ground-mount project, developed by EMI beginning in 2021, is expected to be completed in late 2025 and will dedicate at least 30% of output to low-income subscribers under New Mexico's Community Solar Act.
-
The AES Corporation Acquires Community Energy Solar, LLC
December 20, 2021
Renewable Energy
The AES Corporation announced the acquisition of US solar developer Community Energy Solar, LLC, adding the developer's ~10 GW project pipeline and experienced development team to AES's renewables platform. The deal expands AES's US renewables development capability and bolsters its pipeline and workforce as the company pursues further growth in utility-scale solar and storage.
-
Aspen Power Acquires 14.1 MWdc Illinois Community Solar Portfolio from Arrow Solar Development
March 17, 2025
Energy
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.