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Standard Solar Acquires 4.69 Mw Solar + 4 Mwh Storage Project From Edf Renewables, Forwards Massachusetts’ Renewable Portfolio Standard Goals

PRIVATEFeb 23, 2022

Acquiring Company

Standard Solar

Acquired Company

Portfolio Goals

RockvilleEnergySustainabilityNatural Resources

Description

The Massachusetts town of Plymouth and the Acton Water District will soon enjoy the clean energy and savings of solar power with an innovative 4.69 megawatt (MW) solar and 4 MWh storage project. Standard Solar acquired the project from developer EDF Renewables North America. The project received an award from the state’s Solar Massachusetts Renewable Targets (SMART) program, which provides incentives for solar and storage projects.

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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 Portfolio Goals?

Portfolio Goals was acquired by Standard Solar, based in Rockville. The deal was reported on February 23, 2022. Standard Solar is privately held and operates in Energy.

When did Standard Solar acquire Portfolio Goals?

Standard Solar's acquisition of Portfolio Goals was reported on February 23, 2022. The Massachusetts town of Plymouth and the Acton Water District will soon enjoy the clean energy and savings of solar power with an innovative 4.69 megawatt (MW) solar and 4 MWh storage project. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Portfolio Goals do?

Portfolio Goals is the company acquired in this transaction. It is privately held.

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

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