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Press Releases
Summit Ridge Energy and Bank of America Close $305 Million Credit Facility for Solar Portfolio
Strategic Partnership Highlights Continued Attractiveness of Distributed Solar Assets toCapital Markets A Summit Ridge Energy 3 MW solar project located in Delmar, MD. (Photo Credit: Ben Paul Morris) ARLINGTON, VA [September 9, 2025] – Summit Ridge Energy, the nation’s leading commercial solar company, today announced the closing of a $305 million senior secured credit facility […]
Arena Renewables Completes Sale of 40MW Illinois Solar Portfolio to Summit Ridge Energy
CHICAGO, IL [May 28, 2025] – Arena Renewables LLC (Arena), a leading community and distributed solar and storage developer, announced today the sale of six Illinois remote crediting solar projects to Summit Ridge Energy, a leading developer and owner-operator of commercial solar projects. The portfolio, which totals roughly 40 megawatts (MW) of installed capacity, will […]
News Stories & Blogs
From Pit to Power: How a Gravel Site Became a Local Energy Solution
In the quiet heart of Brandywine, Maryland, on land once used for mining sand, gravel, and discarded construction debris, a new chapter began in 2019. One that not only restored value to the land but also delivers reliable, domestically generated electricity and energy cost savings to more than 1000 residential subscribers. This Solar Spotlight […]
A Day to Remember in Virginia: Celebrating Scenic Farms and the Power of Partnership
Morning Momentum: Collaboration and Community Engagement On May 15, the Summit Ridge team gathered in Elkton, Virginia, for a special day that brought together community leaders, project partners, and employees to celebrate a major milestone: the launch of our Scenic Farms solar site. The morning kicked off with a ribbon-cutting ceremony on-site at Scenic Farms, […]
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 […]
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