Allete to buy solar company for $165.5 million
The Annapolis-based company develops, finances and sells solar projects.
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The Annapolis-based company develops, finances and sells solar projects.
ANNAPOLIS, Md., March 3, 2022 /PRNewswire/ -- New Energy Equity LLC announced that they have signed a definitive agreement to sell one hundred per...
/PRNewswire/ -- New Energy Equity LLC announced that they have signed a definitive agreement to sell one hundred percent of its membership interests to ALLETE,...
Allete is picking up New Energy Equity, a Maryland company that focuses on small-scale projects.
MINNEAPOLIS, May 6, 2021 /PRNewswire/ -- United Renewable Energy® (URE)®, a national Engineering, Procurement, and Construction provider, worked together with their development partner, New Energy Equity (New Energy), to add three new community solar gardens to Minnesota's solar development portfolio. The three projects, located in North Branch, Lindstrom, and Cokato and totaling more than 4.3 MW DC, are together expected to produce 5,980 MWh of clean energy in their first year. This amount of clean energy is sufficient to power approximately six hundred average homes and will be off...