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38 Degrees North acquires U.S. Light Energy portfolio

PRIVATEJul 17, 2025

Acquiring Company

38 Degrees North

Acquired Company

U.S. Light Energy

SausalitoLathamManufacturingEnergyRenewable EnergySolarOther

Description

38 Degrees North has completed the acquisition of U.S. Light Energy, significantly enhancing its portfolio with over 250 MW of community solar projects. This acquisition comes as part of their broader strategy to address the increasing demand for local clean energy solutions. The partnership with U.S. Light Energy will deepen their market presence and contribute to sustainable energy development across the United States.

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Company Information

Company

38 Degrees North

Location

Sausalito, California, United States

About

38 Degrees North is a community solar and distributed renewables platform focused on developing and managing solar projects. Founded in 2015, it has successfully aggregated and financed over 400 MW across various projects. The company aims to meet the rising demand for efficient, local energy sources. They have a strong track record of partnerships with institutional investors.

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Frequently asked

Who acquired U.S. Light Energy?

U.S. Light Energy was acquired by 38 Degrees North, based in Sausalito. The deal was reported on July 17, 2025. 38 Degrees North is a community solar and distributed renewables platform focused on developing and managing solar projects. 38 Degrees North is privately held and operates in Manufacturing.

When did 38 Degrees North acquire U.S. Light Energy?

38 Degrees North's acquisition of U.S. Light Energy was reported on July 17, 2025. 38 Degrees North has completed the acquisition of U.S. Light Energy, significantly enhancing its portfolio with over 250 MW of community solar projects. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does U.S. Light Energy do?

U.S. Light Energy is a community solar developer with a pipeline of over 250 MW of projects. The company focuses on providing solar solutions to diverse markets. Their projects aim to enhance energy access and sustainability in local communities. It is privately held, operating in Other, and is based in Latham.

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