STATE
Clean Energy Deals in Maryland
Every tracked clean energy deal in Maryland since 2023 — 4 transactions, 1.5 GW of capacity, $731M of disclosed value. Includes M&A, project finance, PPAs, and tax credit transfers. Updated weekly.
4
Tracked Deals
1.5 GW
Total Capacity
$731M
Disclosed Value
2024–2026
Period
Top Deals
By disclosed value| Date | Asset / Counterparties | Size | Value |
|---|---|---|---|
| Aug 15, 2024 | Summit Ridge community solar portfolio — 216 MW across 80… Summit Ridge Energy → HASI (co-investor); Bank of America, Nomura, Prudential Private Capital, MetLife Investment Management (debt) | 216 MW | $309M (back-leveraged term loan) |
| Sep 30, 2025 | $305M credit facility supporting 158 MW community solar p… Summit Ridge Energy → Bank of America | 158 MW | $305M (senior secured credit facility) |
| Apr 14, 2026 | Solar Landscape community solar portfolio — 145 MWdc acro… Solar Landscape → Nuveen Energy Infrastructure Credit | 145 MW | $117,000,000 |
| Feb 1, 2025 | Richfield Solar (50 MW, MD, operational) + Maple Flats (3… Invenergy → Verizon | 966 MW | — |
Most Active Firms
Top Buyers / Financiers
Top Sellers / Developers
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | Summit Ridge Energy | 2 | $614M |
| 2 | Invenergy | 1 | — |
| 3 | Solar Landscape | 1 | $117M |
Top Lenders
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | Bank of America | 1 | $305M |
Technology Mix
Deal Type Mix
- Power Purchase & Offtake1
- Project & Portfolio M&A1
- Tax Equity & Tax Credits1
- Project Finance1
Activity by Year
Recent Deals
Latest 4- Solar Landscape community solar portfolio — 145 MWdc across Maryland, Illinoi…Apr 14, 2026
Tax Equity & Tax Credits · MD · $117,000,000 · 145 MW
- $305M credit facility supporting 158 MW community solar portfolio (IL, MD)Sep 30, 2025
Project & Portfolio M&A · IL, MD · $305M (senior secured credit facility) · 158 MW
- Richfield Solar (50 MW, MD, operational) + Maple Flats (326 MWdc, IL) + Caden…Feb 1, 2025
Power Purchase & Offtake · AR, IL, MD, OH · 966 MW
- Summit Ridge community solar portfolio — 216 MW across 80 community solar pro…Aug 15, 2024
Project Finance · IL, MD · $309M (back-leveraged term loan) · 216 MW
Recent Moves at Active Firms
All moves →Neal Kemkar joined as Chief Network Officer at CeresFeb 9, 2026
Related
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