Renewable Energy Acquisitions in South Carolina

Showing 2 transactions.

  • Buyer
    ContourGlobal
    Target
    151 MW solar portfolio (two projects in South Carolina)
    Seller
    Sun Tribe Development
    Industry
    Renewable Energy
    Location
    South Carolina, United States
    Type
    Divestiture

    ContourGlobal (a KKR company) has acquired a 151 MWdc solar portfolio consisting of two late-stage projects in South Carolina from Sun Tribe Development. The assets, which have long-term PPAs and completed interconnection studies, mark ContourGlobal's entry into the U.S. renewables market with commercial operations planned in 2029.

  • Buyer
    TPG Rise Climate
    Target
    Palmetto
    Industry
    Renewable Energy
    Location
    South Carolina, United States
    Type
    Growth capital

    Palmetto, a technology-enabled residential solar and clean energy platform, raised $150 million from TPG Rise Climate to accelerate expansion of its software, product and operating platform. The investment will support growth of Palmetto's end-to-end residential solar capabilities and TPG Rise Climate's Steven Mandel will join Palmetto's board.

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