Renewable Energy Acquisitions in Massachusetts

Macquarie Asset Management will acquire the remaining controlling interests in Galehead Development from Galehead Founders via funds managed by MAM, and Galehead will become a wholly owned subsidiary of Treaty Oak Clean Energy. The integration pairs Galehead's LandCommand-enabled development pipeline (over 20 GWAC across more than 20 states) with Treaty Oak's IPP capabilities to expand geographic reach and accelerate commercialization of utility-scale solar, wind and storage projects; Galehead founders will form ETX Upstream to pursue upstream Energy Transition activities.

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.

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.

MyPower Corp., an affiliate of Mitsui & Co., Ltd., has acquired Solstice Power Technologies, a Cambridge-based customer acquisition and subscriber-management services provider for community solar projects. The deal gives MyPower a foothold in the U.S. community solar market and brings Solstice's customer-management and subscriber software capabilities to Mitsui's broader clean-energy investment platform.

A fund managed by BlackRock Real Assets has acquired Vanguard Renewables from Vision Ridge Partners. BlackRock will partner with Vanguard Renewables' management to scale the company's organics-to-renewable energy platform, supporting plans to commission more than 100 anaerobic digesters to produce renewable natural gas across the United States.

Macquarie Asset Management’s Green Investment Group (GIG) has completed a growth investment in Galehead Development, a US-based renewable energy development platform. The capital will strengthen Galehead’s balance sheet and capabilities, enabling the company to advance roughly 6 GW of early- to mid-stage solar, wind and storage projects, enter new markets and expand commercial applications for its LandCommand platform.

SinglePoint, Inc.'s subsidiary The Boston Solar Company LLC acquired Ecodaptive, Inc., a clean energy firm that provides financial structuring solutions for rooftop solar projects. The acquisition is intended to support Boston Solar's growing commercial division and scale the SunRAYS program in Massachusetts, enabling broader access to rooftop solar through a roof-lease structure and other finance offerings.

Esdec, a global rooftop solar mounting solutions provider, has acquired PanelClaw, the leading U.S. commercial flat-roof PV racking supplier. The acquisition expands Esdec's U.S. market share and product portfolio in the commercial & industrial solar segment; financial terms were not disclosed.