NewQ1 2026 Clean Energy Deal Intelligence Report is live
M&AClosedNovember 3, 2022

Aspen Power Partners — community/C&I/multifamily solar+storage platform; bolt-on of Safari Energy (220 MW DG portfolio from PPL Corp)

Carlyle invests $350M in Aspen Power Partners + simultaneous Safari Energy bolt-on (220 MW DG portfolio from PPL Corp). Distributed solar+storage growth platform play. From Carlyle Renewable & Sustainable Energy Fund II.

$350M

Deal Value

220MW

Capacity

Solar + Storage

Technology

Multi-state

Location

Deal Details

Deal Type
Strategic & Growth Capital
Seller / Sponsor
Aspen Power Partners
Buyer / Financier
Carlyle (Renewable & Sustainable Energy Fund II)
Deal Value
$350M (Carlyle investment)
Stage
Mixed
ISO/RTO
Multiple

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