Category: Press Releases
Apollo Funds Announce $175 Million Strategic Investment in Summit Ridge Energy, a Leading Owner-Operator of Community Solar
Investment builds on Apollo and Summit Ridge’s shared commitment to support the clean energy transition NEW YORK, NY and ARLINGTON, VA – July 13, 2022 – Apollo (NYSE: APO) and Summit Ridge Energy, LLC (“Summit Ridge”) announced today that funds managed by Apollo affiliates (the “Apollo Funds”) have agreed to make a $175 million strategic […]
Fundamental Renewables Provides Financing to Summit Ridge Energy for Construction of Two Energy Storage Projects
Highlights Fundamental’s Growing Commitment to Solar and Battery Storage Financing With Origination of Over $5 Billion of Renewable Energy Development and Construction Loans to Date.
Summit Ridge Energy Holds Ribbon Cutting for Nation’s Largest Rooftop Community Solar Array
The Bomber, located in Hampstead, MD is the largest community solar rooftop project in the country. ARLINGTON, Va. and HAMPSTEAD, Md., Nov. 30, 2021 — Summit Ridge Energy (“SRE”) held a ribbon cutting ceremony today to celebrate completion of the nation’s largest rooftop community solar project. The 9.2 MW solar project, operated by SRE and […]
BentallGreenOak and Summit Ridge Energy Announce Plan to Develop New 2.7 MW Rooftop Solar Power Project in Maryland
BentallGreenOak (BGO), on behalf of an institutional investor, announced plans to install its first community solar project, financed by Summit Ridge Energy (SRE) and facilitated by Black Bear Energy.
Summit Ridge Energy Now Has 42 Community Solar Farms in Operation in Illinois
Summit Ridge Energy put new 25 community solar farms online in Illinois in the 4th quarter of 2020, bringing the company’s community solar farm total in Illinois to 42.
Summit Ridge and 1st Source Bank expand partnership in debt and tax equity deal
Summit Ridge Energy (“SRE”) and 1st Source Bank today announced the expansion of their partnership through the bank’s commitment to provide debt and tax equity to fund an additional 8 of SRE’s Illinois community solar projects totaling 23 MWdc.