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Standard Solar Expands Presence in California with Acquisition of 25 MW Solar Project from Balanced Rock Power

PRIVATENov 13, 2024

Acquiring Company

Standard Solar

Acquired Company

Balanced Rock Power

RockvilleMoabEnergySustainabilityNatural ResourcesEnergyRenewable EnergySolarBiomass Energy

Description

Standard Solar, a leading developer and owner of commercial and community solar assets, has recently acquired the 25 megawatt (MWdc) Windhub Solar B solar project from Balanced Rock Power (BRP). This acquisition aligns with Standard Solar's strategy of acquiring high-quality projects developed by utility-scale developers, enabling them to strategically expand their clean energy portfolio and provide sustainable power to the grid, while benefiting from partnerships with innovative developers like BRP.

Quick answer

Standard Solar is acquiring Balanced Rock Power, announced November 13, 2024. Standard Solar is based in Rockville, Maryland, United States.

How much did Standard Solar pay for Balanced Rock Power?
The deal value was not disclosed.
What does Standard Solar do?
Standard Solar, a Brookfield company, is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as..
Where are Standard Solar and Balanced Rock Power based?
Standard Solar is based in Rockville, Maryland, United States. Balanced Rock Power is based in Moab, Utah, United States.
Who are the decision-makers at Standard Solar?
Fundz holds 3 contacts at Standard Solar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Standard Solar

Location

Rockville, Maryland, United States

About

Standard Solar, a Brookfield company, is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 16 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 300 megawatts of solar across the United States.

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Frequently asked

Who acquired Balanced Rock Power?

Balanced Rock Power was acquired by Standard Solar, based in Rockville. The deal was reported on November 13, 2024. Standard Solar is privately held and operates in Energy.

When did Standard Solar acquire Balanced Rock Power?

Standard Solar's acquisition of Balanced Rock Power was reported on November 13, 2024. Standard Solar, a leading developer and owner of commercial and community solar assets, has recently acquired the 25 megawatt (MWdc) Windhub Solar B solar project from Balanced Rock Power (BRP). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Balanced Rock Power do?

It is privately held, operating in Energy, and is based in Moab.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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