Recent Renewable Energy Acquisitions in South Carolina
Acquisition Volume in Renewable Energy in South Carolina by Year
Last 5 years
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- Buyer
- ContourGlobal
- Target
- 151 MW solar portfolio (two projects in South Carolina)
- Seller
- Sun Tribe Development
- Industry
- Renewable Energy
- Location
- South Carolina, United States
- Type
- Divestiture
ContourGlobal (a KKR company) has acquired a 151 MWdc solar portfolio consisting of two late-stage projects in South Carolina from Sun Tribe Development. The assets, which have long-term PPAs and completed interconnection studies, mark ContourGlobal's entry into the U.S. renewables market with commercial operations planned in 2029.
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March 6, 2023
- Buyer
- TPG Rise Climate
- Target
- Palmetto
- Industry
- Renewable Energy
- Location
- South Carolina, United States
- Type
- Growth capital
Palmetto, a technology-enabled residential solar and clean energy platform, raised $150 million from TPG Rise Climate to accelerate expansion of its software, product and operating platform. The investment will support growth of Palmetto's end-to-end residential solar capabilities and TPG Rise Climate's Steven Mandel will join Palmetto's board.
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