11-project 1,171 MW operating solar portfolio across 8 states
Onward Energy acquires 1,171 MW operating solar portfolio (11 projects, 8 states) from Global Atlantic. Expanded Onward to 4.3 GW renewables across 22 states. KeyBank-led debt financing.
Undisclosed (estimated >$1B)
Deal Value
1,171MW
Capacity
Solar
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project & Portfolio M&A
- Seller / Sponsor
- Global Atlantic Financial Group
- Buyer / Financier
- Onward Energy (Capital Power-managed)
- Deal Value
- Undisclosed (estimated >$1B)
- Stage
- Operating
- ISO/RTO
- Multiple
Finance Counterparties
Lenders & Capital Providers
- lenders
- KeyBank
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