SDCL Energy Efficiency to acquire US solar assets for $150m | 24 December 2020
24 December 2020 | 07:23am StockMarketWire.com - Energy efficiency investor SDCL Energy Efficiency Income Trust said it had agreed to acquire US solar assets from funds managed by Blackstone for around $150 million. The deal would see SDCL buy a series of portfolios of commercial and industrial on-site solar and energy storage projects, together with a 50% interest in the platform that has created them, Onyx Renewable Partners. Blackstone would remain a 50% partner in Onyx. SDCL would fully acquire four portfolios totalling over 175 megawatts and a 50% interest in Onyx's follow-on pipeline, ...