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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 […]
In the News
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, […]
Novogradac: Sponsors, Developers Seek Clarity in Guidance, Say Panelists at Novogradac Conference
A common thread weaved together the multiple topics of The View from Sponsors, Developers panel last month at the Novogradac 2023 Fall Renewable Energy and Environmental Tax Credits Conference in Washington, D.C.: more clarity is needed on several issues. Excerpt: Jake Compton, director, project finance for Summit Ridge Energy, told attendees that rising interest rates […]
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