Category: Press Releases
Summit Ridge Energy and HASI Close $309 Million Term Loan on Community Solar Portfolio in Illinois and Maryland
A Summit Ridge Energy 2.8 MW community solar project located in St. Anne, IL. Arlington, VA. (August 6, 2024) – Summit Ridge Energy, the nation’s leading commercial solar company, and HASI, a leading investor in climate solutions, closed a $309 million back-leveraged term loan on a portfolio of 80 operating community solar projects. The loan, […]
Summit Ridge Energy and Qcells Expand Historic U.S. Community Solar Partnership with 2 GW Commitment
Largest domestic community solar purchase in history A Summit Ridge Energy community solar project located in Momence, Illinois using domestically manufactured Qcells modules. Summit Ridge Energy and Qcells expand existing partnership to provide the benefits of clean energy to an estimated 200,000 homes and businesses Qcells will produce the majority of solar modules at its […]
ComEd and Summit Ridge Energy Activate Community Solar Projects in Dekalb County
Pollinator-friendly community solar to generate 8.7 MW of renewable energy SANDWICH, Ill. (Dec. 14, 2023) – ComEd and Summit Ridge Energy today announced the completion of three community solar projects in Dekalb County, Ill. This increases the number of community solar projects in ComEd’s northern Illinois region to 103, of which nearly 40% have been […]
Summit Ridge Energy Becomes Market Leader in Virginia with 100 MW Community Solar Portfolio
Projects will lower electricity rates for low-income households located throughout the Commonwealth An existing Summit Ridge Energy 3.8 MWdc community solar project located in Windsor Mill, MD. (Photo Credit: Summit Ridge Energy) Arlington, VA – November 28, 2023 – Summit Ridge Energy, the nation’s leading commercial solar company, today announced the acquisition of 19 community […]
Summit Ridge Energy Closes $275M Financing Facilities with MUFG
This deal expands the partnership between the organizations and positions Summit Ridge Energy as the commercial solar market leader in Illinois and Virginia A Summit Ridge Energy 3 MW ground-mounted community solar project located in Morgan County, IL (Photo Credit: Summit Ridge Energy) Arlington, VA – November 20, 2023 – Summit Ridge Energy, the nation’s […]
Summit Ridge Energy and Black Bear Energy Celebrate 17 MWs of Rooftop Community Solar Projects in Maryland
The projects will provide clean energy to local residents at reduced rates through the Maryland Community Solar Program ARLINGTON, VA – August 30, 2023 – Summit Ridge Energy, the nation’s leading commercial solar and energy storage company, today held a ribbon-cutting ceremony in Rosedale, Maryland to celebrate the construction of six rooftop community solar projects […]