Category: 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 […]
TEP: Trajectory Energy Partners and Summit Ridge Energy Expand Partnership to 51.6MWp with Newest Sale
Today, Trajectory Energy Partners announced the sale of an additional 18.6MWp community solar portfolio across central Illinois to Summit Ridge Energy. This sale expands the total transactions between Summit Ridge and Trajectory to 51.6MWp across Illinois since 2022. Combined, these projects will generate enough clean energy to power nearly 2,000 homes annually and bring millions […]
2024 US Insurance Awards: Summit Ridge Energy/Marsh/Everest Insurance, Risk Management Team of the Year
Risk Management Team of the Year: Summit Ridge Energy/Marsh/Everest Insurance Summit Ridge Energy LLC was planning a solar power development that would serve the energy needs of low-income residents in Virginia when a funding kink threatened to stall the project. Such renewable energy work is often partially funded by transferring tax credits to investors who […]
Reunion Partners with Summit Ridge Energy to Facilitate $40 Million Sale of Tax Credits to Fund Community Solar Projects
Reunion, a leading clean energy finance company, today announced that it has collaborated with Summit Ridge Energy, the leading commercial solar company in the United States, to sell approximately $40 million of transferable tax credits from a portfolio of community solar projects in Virginia; the purchaser of these tax credits is a privately held real estate company. ### […]
George Mason University: Business student’s summer internship is an opportunity to practice sustainability
At Summit Ridge, we’re proud to offer an internship program emphasizing hands-on learning and making a genuine impact in the community. This summer, we’ve had the pleasure of giving our interns a unique opportunity to gain an in-depth understanding of the solar industry, its benefits, and its long-standing impact. Among our outstanding interns, George Mason […]