Month: May 2022
PV Tech: Summit Ridge Energy and Apollo invest US$400 million in US commercial solar joint venture
This is Summit Ridge Energy and Apollo’s second collaboration US commercial solar developer Summit Ridge Energy (SRE) and investor Apollo have invested US$400 million into a new joint venture to jointly own and operate a portfolio of commercial solar assets in the state of Illinois. While details on the new initiative are sparse, the project […]
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 […]
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 […]
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 […]
Summit Ridge Energy Announces Promotion of Matt Vitorla to General Counsel
Matt Vitorla, General Counsel at Summit Ridge Energy ARLINGTON, VA (February 20, 2025)– Summit Ridge Energy, the nation’s leading commercial solar company, is proud to announce the promotion of Matt Vitorla to the position of General Counsel. In this new role, Vitorla will oversee all legal and compliance matters for the company as it continues […]
Summit Ridge Energy Partners with OSF HealthCare to Deliver $9 Million in Energy Savings
The 20-year agreement will deliver an average of $450,000 in annual energy savings across the healthcare system. The partnership brings more than 24 megawatts of distributed solar energy to local grids in Illinois, supporting the state’s resiliency goals. Groundbreaking with owner-operator Summit Ridge Energy and developer Trajectory Energy Partners at Rock Cut Solar project in […]