TerraForm Energy, an affiliate of Brookfield Asset Administration, closed on its acquisition of Solar Tribe Growth, a mid-sized utility-scale photo voltaic and storage developer primarily based in Virginia. Norton Rose Fulbright represented TerraForm Energy within the transaction.
With this acquisition, TerraForm Energy is initiating a brand new development technique, greater than doubling its growth pipeline to over 6,000 MW of photo voltaic and battery power storage and strengthening its capabilities.
“I’m excited by at this time’s information welcoming Solar Tribe Growth into the fold to ship on TerraForm Energy’s new high-growth technique within the U.S. market. Collectively, we’ll quickly develop TerraForm Energy’s footprint throughout the U.S. to fulfill this second and ship much-needed, domestically sourced energy to assist digitalization and reindustrialization within the nation,” stated Mark Noyes, CEO and president of TerraForm Energy.
Information merchandise from TerraForm Energy
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