NewQ1 2026 Clean Energy Deal Intelligence Report is live
M&AClosedMarch 7, 2022

SB Energy — SoftBank Group US renewables platform (10 GW operating/UC target by 2025)

Ares Management leads up to $600M strategic equity investment in SB Energy. SoftBank retains majority. SB Energy targeting 10 GW operating/UC by end-2025. Subsequently developed Orion Solar Belt (1.3 GW, Texas, with Google offtake) — closed January 2025.

$600M

Deal Value

10,000MW

Capacity

Hybrid

Technology

Multi-state

Location

MarketsHybrid

Deal Details

Deal Type
Strategic & Growth Capital
Seller / Sponsor
SB Energy (SoftBank Group US renewables)
Deal Value
Up to $600M
Stage
Development
ISO/RTO
Multiple

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