~$40M of transferable ITC from Virginia community solar portfolio (600+ MW total SRE portfolio)
Reunion Infrastructure facilitated $40M ITC transfer from Summit Ridge Energy's Virginia community solar portfolio. Buyer is privately held real estate company. Several projects qualify for IRA energy community and low-income community bonus adders. Investment exclusively provides energy savings to low-income households. Includes projects like Scenic Farms Solar (4.1 MWdc, Elkton, VA).
$40M
Deal Value
Solar
Technology
VA
Location
Deal Details
- Deal Type
- ITC Transfer
- Seller / Sponsor
- Summit Ridge Energy
- Buyer / Financier
- Undisclosed (private real estate company)
- Deal Value
- $40M
- Stage
- Operating
- ISO/RTO
- PJM
- Source
- PR Newswire
Service Providers
Advisory & Legal
- taxCreditMarketplace
- Reunion Infrastructure
Finance Counterparties
Lenders & Capital Providers
- Tax Credit Buyer
- Undisclosed (private real estate company)
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