Soltage, Harrison Street purchase 20-MW solar portfolio in Eastern US

• United States independent power producer Soltage LLC as well as financial investment manager Harrison Street have collectively purchased a 20-MW solar portfolio across the states of North Carolina, South Carolina and also Maine.

The particular portfolio includes neighborhood solar assets and Public Utility Regulatory Policies Act (PURPA) solar projects, serving customers such as investor-owned utilities that purchase electricity through PURPA agreements and also neighborhood companies looking to fulfill tidy energy objectives.

The financial investment was made by Harrison Street as well as Soltage's Iris car, which will inevitably look for to deploy 450 MW of new distributed solar and storage space projects across the United States. That collaboration's very first financial investment was a 14.5-MW solar portfolio with USD 30 million (EUR 25.7 m) in project prices.