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EDP Renewables Acquires Majority Interest in C2 Omega, Diversifies Renewable Energy Leadership .
EDP RenewablesJanuary 19, 2021 GMT
Houston, TX, Jan. 19, 2021 (GLOBE NEWSWIRE) EDPR Renewables North America LLC (EDPR NA) announces the acquisition of a majority interest in C2 Omega LLC, the distributed solar platform of C2 Energy Capital LLC (“C2”). The new company, EDPR NA Distributed Generation LLC (EDPR NA DG), will be the exclusive provider of small-scale downstream generation and energy efficiency services in the United States for EDPR NA.
With approximately 200 projects across 16 states, this acquisition will establish EDPR NA’s presence in the downstream solar energy market as an owner-operator of one of the largest commercial and industrial distributed generation portfolios in the U.S. EDPR will acquire an 85% equity stake in C2’s solar portfolio that includes 89 MW of o
EDPR Renewables North America LLC acquired a majority interest in C2 Omega LLC, the distributed solar platform of C2 Energy Capital LLC. The new company, EDPR NA Distributed Generation LLC (EDPR NA DG), will be the exclusive provider of small-scale downstream generation and energy efficiency services in the United States for EDPR NA.
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With approximately 200 projects across 16 states, this acquisition will establish EDPR NA’s presence in the downstream solar energy market as an owner-operator of one of the largest commercial and industrial distributed generation portfolios in the U.S. EDPR will acquire an 85% equity stake in C2’s solar portfolio that includes 89 MW of operating and near completion capacity across multiple sites and a near-term pipeline of over 120 MW.
Houston, TX, Jan. 19, 2021 EDPR Renewables North America LLC (EDPR NA) announces the acquisition of a majority interest in C2 Omega LLC, the distributed