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Press Releases
Summit Ridge Energy and Trajectory Energy Partners Break Ground at Community-Driven Community Solar Project
This project is one of 13 that Summit Ridge and Trajectory have partnered on to bring utility savings to communities across Illinois Summit Ridge Energy and Trajectory Energy Partners leaders break ground at Rock Cut Solar Community-Driven Community Solar project in Winnebago County, Illinois. Pictured from left to right : Keri Acevedo, Executive Director, Rockford […]
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, […]
In the News
Solar Power World: Summit Ridge Energy and ComEd complete 8.7-MW Illinois community solar portfolio
ComEd and Summit Ridge Energy announced the completion of three community solar projects in Dekalb County, Illinois. This increases the number of community solar projects in ComEd’s northern Illinois region to 103, of which nearly 40% have been developed by Summit Ridge. The projects will enable ComEd customers to save money on their electric bills […]
PV Tech: “It’s always good to diversify your partners”: how new legislation and fresh investors have impacted the US solar sector
Summit Ridge Energy has raised US$1 billion in capital in 2023. Meeting the world’s changing energy needs will require a number of prerequisites, including technological innovation, political will and, perhaps most crucially of all, financial investment. The International Energy Agency (IEA) reports that, in 2023, developers will invest US$380 billion into the global solar sector, […]