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Press Releases
Summit Ridge Energy Secures $290 Million Facility with MUFG to Expand Commercial Solar Portfolio
New Financing Accelerates Locally Generated Power, American Manufacturing, and Community Benefits A Summit Ridge Energy 2.4 MW solar project located in Braidwood, IL. ARLINGTON, VA [January 13, 2026] – Summit Ridge Energy, a leading developer, owner, and operator of commercial solar projects, today announced the closing of a $290 million facility with MUFG (Mitsubishi UFJ Financial Group). The facility will finance the development and […]
Apex and Summit Ridge Announce Sale of Illinois Distributed Energy Portfolio
20 MWac Transaction Marks Third Collaboration to Deploy Local Energy Infrastructure Dogwood Lane, a 4.4 MWdc solar project in Kenbridge, VA, developed through Apex and Summit Ridge Energy’s 2023 collaboration CHARLOTTESVILLE, VA [December 4, 2025] – Apex Clean Energy and Summit Ridge Energy today announced the sale of four distributed solar projects totaling 20 MWac. […]
News Stories & Blogs
How Community Solar Strengthens Rural Tax Bases
A 20-acre solar project in rural Illinois demonstrates how community solar can generate substantial new property tax revenue — no new services required. By Andrew Damitio, Senior Development Analyst A Summit Ridge Energy 2.6 MW solar site in Lena, IL Along Galena Road in rural Stephenson County, Illinois, there’s a 20-acre parcel of working farmland. With no permanent improvements and a crop of corn, it pays under $950 in property taxes annually to various local taxing […]
Solar Spotlight: Briscoe 2A
Powering LaSalle County with Scale and Precision The Briscoe 2A solar project initiative is one of Summit Ridge’s first self-developed projects in Illinois. Dating back to late 2017, it is part of the three sites originally secured with the same landowner (two of which now host community solar projects). Spanning over 12 acres (about half the area of Chicago’s Millennium Park), it sets a […]
In the News
Investors Hangout: Summit Ridge Energy Launches Major Solar Project in Virginia
Empowering Virginians with Sustainable Solar Energy ELKTON, VA – Summit Ridge Energy (SRE), recognized as a leading solar developer, proudly announced the recent energization of their Scenic Farms Shared Solar Project, a 4.1-megawatt solar installation located in Virginia. This initiative is part of the state’s expanded Shared Solar program, offering innovative solutions for consumers seeking solar […]
WHSV3: Ribbon-cutting ceremony held for new solar facility in Elkton
ELKTON, VA (WHSV) – A ribbon-cutting ceremony was held in Elkton for a new solar facility Thursday morning. Leslie Elder, vice president of policy and regulatory affairs for Summit Ridge Energy, said this solar farm is a shared solar facility, which is unique in the industry. “It is a project that is built off-site, and […]
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