Standard solar energy has acquired an 84 MW solar portfolio and 14 projects in Illinois from New Leaf Energy
The portfolio consists of three sets of community solar gardens in the state: six sites with a capacity of approximately 47 MW, four sites totaling 12 MW and four sites representing 25 MW. Construction is scheduled to start this year.
“Closing this significant portfolio is an example of Standard Solar’s ability to excel even in a demanding economic landscape,” said Mike Streams, Chief Development Officer at Standard Solar. “In an industry where such deals are often challenging and time-consuming, our partnership with New Leaf Energy has been remarkably smooth, thanks to the dedicated transaction teams on both sides. Our relationship with New Leaf Energy is based on mutual goals, and we eagerly look forward to many more successful deals together.”
Including these portfolios, Standard Solar and New Leaf Energy have collaborated on twenty projects across three states.
