A Green Lantern solar project.
Based in New York Send energy announced the acquisition of the community and commercial solar developer in Vermont Green Solar Lantern. Send energy, founded in 2024will acquire more than 64 solar and battery storage projects from GLS at various stages of development and operation, for a total of 208.9 MWdirect current.
This acquisition expands Dispatch’s footprint in the growing distributed generation market in Georgia, Maryland, West Virginia, New York, New Hampshire, Vermont, Maine, Minnesota and Wisconsin.
“Dispatch remains committed to the energy transition and we are pleased to welcome Green Lantern’s team, operations and assets to our portfolio,” said Richard Dovere, CEO of Dispatch Energy. “We are proud to have the opportunity to acquire this outstanding, founder-led company.”
Dispatch will acquire 100% of Green Lantern’s business, including operating and development assets and the O&M services business.
“This acquisition delivers an excellent result for GLS shareholders and employees,” said Luke Shulenberger, founder and CEO of Green Lantern Solar. “We appreciate the execution-oriented approach of the Dispatch Energy team and believe the company will continue to grow under their leadership in the future.”
News item from Dispatch Energy
