EDPR NA Distributed Generation has acquired a portfolio of four community solar projects under development in Illinois from Renewable Properties.
The 20 MW portfolio is expected to generate approximately 42 GWh of solar energy annually.
“EDPR NA DG is proud to support Illinois’ clean energy commitment and is grateful to partner with Renewable Properties to contribute to the state’s renewable energy goals,” said Joao Barreto, CEO of EDPR NA Distributed Generation.
“Community solar installations provide energy independence and economic empowerment for cities across the country, and this portfolio will help us further support Illinoisans in their transition to a clean energy economy.”
KeyBanc acted as advisor on the acquisition on behalf of Renewable Properties.