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Onward Energy Completes Purchase Of 1,171 Mw Operating Solar Portfolio From Global Atlantic
Acquiring Company
Onward Energy
Acquired Company
1 171 MW SOLAR PORTFOLIO
DenverUtilitiesDescription
Onward Energy ("Onward" or the "Company") is pleased to announce that it has closed on the previously announced acquisition of a 1,171 MW operating solar portfolio from Global Atlantic Financial Group ("Global Atlantic"). The acquisition includes operating solar assets in eight states and establishes the Company as one of the largest operators of solar assets in the U.S. With the closing of this acquisition, Onward owns and operates over 4.3 GW of renewable energy in twenty-two states. The transaction represents the largest renewable investment in the Company's history and further diversifies Onward's 6 GW energy generation portfolio.