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Press Releases
Apollo Funds Commit up to $400 Million for New Commercial Solar Partnership with Summit Ridge Energy
New York and Arlington, VA (April 11, 2025) – Apollo (NYSE: APO) and Summit Ridge Energy, LLC (“Summit Ridge Energy” or “Summit Ridge”), one of the nation’s leading commercial solar companies, today announced that Apollo-managed funds (the “Apollo Funds”) have committed up to $400 million for a new joint venture partnership with Summit Ridge to […]
Stem’s PowerTrack™ Standard on Summit Ridge Energy’s 514 MW Commercial Solar Portfolio
Advanced software platform supports one of the nation’s leading commercial solar developers in scaling projects to help enhance grid resiliency A Summit Ridge Energy 2.9 MW solar project located in Sparland, IL SAN FRANCISCO (March 4, 2025) – Stem (NYSE: STEM), a global leader in AI-enabled clean energy software and services, today announced that its […]
In the News
Markets Insider: Apollo funds commit up to $400M for Summit Ridge commercial solar partnership
Apollo and Summit Ridge Energy announced that Apollo-managed funds have committed up to $400M for a new joint venture partnership with Summit Ridge to jointly own and operate a portfolio of commercial solar assets across Illinois. Summit Ridge Energy is one of the largest owner-operators of commercial solar assets in the United States, with over […]
Novogradac Journal of Tax Credits: RETC Transfers Bloom Throughout 2024, Including Community Solar Portfolio in Virginia
An aerial view of the Scenic Farms Solar project, a 4.1-megawatt direct current facility in Elkton, Virginia, was one of several systems transferred recently to an undisclosed buyer by Summit Ridge Energy in a renewable energy tax credit transaction. Transfer of federal renewable energy tax credits (RETCS) exploded in 2024, according to professionals in the […]
Podcasts
Climate Positive Podcast: How Summit Ridge Energy Went from Being a Small Startup in Community Solar to the Industry Leader
Steve Raeder, founder and CEO of Summit Ridge Energy, the nation’s leading commercial solar company, recently appeared on the Climate Positive podcast to share learnings from the frontlines of a dynamic industry. Since its founding in 2017, Summit Ridge has invested more than $1.6 billion into clean energy assets, including a development pipeline of […]
The Solar Maverick Podcast: How Summit Ridge Energy is dominating the Virginia Community Solar Market
The Virginia Clean Economy Act aims to convert Virginia’s electric grid to 100% clean energy by 2050. Pairing that local legislation with the federal Inflation Reduction Act is allowing Summit Ridge Energy to invest in the Commonwealth and move the state closer to reaching decarbonization goals while moving the economy forward. In November 2023, Summit […]
News Stories
Summit Ridge Energy Scales New Heights at RE+ 2024 Anaheim
Celebrating 20 years of RE+, North America’s largest clean energy event We came, we saw, we climbed (virtually). Summit Ridge Energy had a thrilling experience at this year’s RE+ clean energy conference in Anaheim, CA. From holding 1:1 sessions with industry leaders to featuring a virtual reality-powered climbing experience, this event represented a notable milestone […]
548 Foundation’s Training Program Shines following its Fourth Cohort’s Graduation
Summit Ridge Energy and 548 Foundation: Transforming lives through comprehensive clean energy training 18 motivated individuals and their families at the 548 Foundation’s fourth cohort graduation ceremony This past quarter, our partner organization, the 548 Foundation, made significant strides in advancing workforce development in the clean energy sector. This period saw the Solar Energy Career […]