Aspen Power Partners LLC (“Aspen”), a distributed generation platform with the mission of accelerating decarbonization, announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG). The investment supports Aspen’s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial (“C&I”) solar and storage markets. To launch this strategy, Aspen has acquired Safari Energy, LLC (“Safari”) from PPL Corporation (NYSE: PPL).
Nuveen Real Estate, one of the largest real estate managers globally, has partnered with Safari Energy to develop the company’s solar resources.
The commonwealth’s largest municipal solar array was inaugurated by representatives from the Borough of Chambersburg, Safari Energy, Sun Tribe Development and elected officials.
Leading solar company Safari Energy announced that it has acquired a portfolio of six solar projects located in the Greater Boston area from Waltham, MA-based ECA Solar. ECA Solar developed the projects and provided turnkey engineering, procurement, and construction (EPC) services. Safari Energy closed on the acquisitions when they reached the latter stages of development.
In a major solar industry milestone, Safari Energy announced it has achieved it’s 500th commercial solar project.