Month: May 2022
Summit Ridge Energy and Bank of America Close $305 Million Credit Facility for Solar Portfolio
Strategic Partnership Highlights Continued Attractiveness of Distributed Solar Assets toCapital Markets A Summit Ridge Energy 3 MW solar project located in Delmar, MD. (Photo Credit: Ben Paul Morris) ARLINGTON, VA [September 9, 2025] – Summit Ridge Energy, the nation’s leading commercial solar company, today announced the closing of a $305 million senior secured credit facility […]
From Pit to Power: How a Gravel Site Became a Local Energy Solution
In the quiet heart of Brandywine, Maryland, on land once used for mining sand, gravel, and discarded construction debris, a new chapter began in 2019. One that not only restored value to the land but also delivers reliable, domestically generated electricity and energy cost savings to more than 1000 residential subscribers. This Solar Spotlight […]
A Day to Remember in Virginia: Celebrating Scenic Farms and the Power of Partnership
Morning Momentum: Collaboration and Community Engagement On May 15, the Summit Ridge team gathered in Elkton, Virginia, for a special day that brought together community leaders, project partners, and employees to celebrate a major milestone: the launch of our Scenic Farms solar site. The morning kicked off with a ribbon-cutting ceremony on-site at Scenic Farms, […]
Solar Powers Illinois: Faces of Solar – Mark Raeder, Founding Principal, Summit Ridge Energy
Few people have had as significant an impact on the Illinois solar industry as Mark Raeder, a founding Principal of Summit Ridge Energy. Mark Raeder was among the most impactful people in Illinois’ solar industry. Anywhere you look across the Illinois solar industry – whether that is developing solar installations, shaping impactful legislative policy, or […]
Arena Renewables Completes Sale of 40MW Illinois Solar Portfolio to Summit Ridge Energy
CHICAGO, IL [May 28, 2025] – Arena Renewables LLC (Arena), a leading community and distributed solar and storage developer, announced today the sale of six Illinois remote crediting solar projects to Summit Ridge Energy, a leading developer and owner-operator of commercial solar projects. The portfolio, which totals roughly 40 megawatts (MW) of installed capacity, will […]
Solar Power World: Summit Ridge Energy building 5.1-MW solar project supporting Illinois data centers
Commercial solar contractor Summit Ridge Energy is working with Digital Realty to deliver 5.1 MW of solar energy annually for the data center company’s operations. With this purchase, Digital Realty, which provides of cloud- and carrier-neutral data center solutions, will advance its sustainability objectives. This agreement includes both savings on energy costs and the purchase of renewable […]