Today, Trajectory Energy Partners announced the sale of an additional 18.6MWp community solar portfolio across central Illinois to Summit Ridge Energy. This sale expands the total transactions between Summit Ridge and Trajectory to 51.6MWp across Illinois since 2022.
Combined, these projects will generate enough clean energy to power nearly 2,000 homes annually and bring millions of dollars in local investments and jobs, driving economic growth across the region.
“Trajectory works diligently to develop solar projects that support local economic growth and a sustainable energy future,” said Josh Bushinsky, Partner at Trajectory. “Our partnership with Summit Ridge Energy brings expertise at every stage of solar development, from site selection and community engagement to construction and operation. We’re thrilled to continue building a strong portfolio together to bring the benefits of clean energy to communities across Illinois.”
Summit Ridge will construct, own, and operate these projects as they continue to grow within the Illinois market.
“The Summit Ridge team is pleased to deepen our partnership with Trajectory Energy Partners through this acquisition,” said Garren Bisschoff, Senior Vice President of Business Development at Summit Ridge Energy. “Together, we’re making meaningful progress toward meeting Illinois’ clean energy goals while boosting economic growth right here in the state. Our commitment to growth in Illinois is about providing access to lower-cost clean energy to thousands of homes but also, we’re creating jobs and making a positive impact on the communities we serve.”
Read more: Trajectory Energy Partners, By Amanda Marks.
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About Summit Ridge Energy
As the nation’s leading commercial solar company, Summit Ridge Energy merges financial innovation and industry-leading execution to deliver clean, locally generated energy. This has made Summit Ridge one of the fastest-growing energy companies in America.
Since launching in 2017, the company has raised more than $5B in project capital to finance 200+ solar farms servicing 50,000 homes and businesses nationwide. Learn more at srenergy.com and connect with us on LinkedIn.
About Trajectory Energy Partners
Trajectory Energy Partners is an Illinois-based solar energy developer that brings communities, organizations, and landowners together to develop quality solar projects that contribute to local economic growth and a sustainable energy future. Founded in 2017, the Trajectory team has spurred over $350+ million in investments in Illinois solar projects currently completed or under construction and has over 80 sites currently under development in Illinois, Maryland, and Pennsylvania for 2024 and beyond. For more information, visit https://trajectoryenergy.com/