
Independent power producer CleanCapital has announced the closure of six projects from throughout 2026, thanks to repeat relationships with independent solar developers.
Totaling 33 MW of solar power and 7.8 MWh of energy storage, each of the sextet of projects comes with more than a decade of operating history from CleanCapital. The company has deployed more than $1.5 billion in capital since its founding in 2015, backed by in-house construction, financing, and asset management teams.
As federal tax credit deadlines loom over the solar industry, the firm is actively seeking more projects in pre-NTP and construction phases.
“CleanCapital’s strategy has always been grounded in finding the places where our capital and expertise can create the most value,” says Julia Bell, CleanCapital’s chief growth officer. “This year, that has meant working more closely with trusted developers earlier in the project lifecycle. We want to be the capital partner and long-term operator that developers come back to project after project, supporting quality pipelines in markets and segments that complement our own development work.”
CleanCapital is currently open to collaboration and conversation with solar and storage developers working on distributed solar and storage projects. Developers whose project pipelines could benefit from flexible capital, construction expertise, and a long-term ownership partner are prime candidates.
Recent transactions
CleanCapital recently closed on a 20.09 MW solar portfolio in Massachusetts, developed and sold by ReWild Renewables. The trio of projects have since begun construction, with each of them participating in the MA Net Metering Program to provide energy savings to the Bay State’s public sector.
“CleanCapital has been a sophisticated, efficient and collaborative partner in taking the projects ReWild developed through construction and into operation,” says Pat Jackson, managing member of ReWild Renewables. “We are proud of the significant savings this portfolio will bring to municipalities across Massachusetts, and we look forward to growing the partnership.”
Additionally, the firm has closed on its third collaborative project in its portfolio with White Pine Renewables. That portfolio currently totals over 13 MW of behind the meter solar, as well as 7.83 MWh of energy storage.
“CleanCapital’s collaborative underwriting and diligence approach helped us bridge the critical period between late-stage development and full-scope construction,” says Michael Kremer, co-founder and managing partner at White Pine Renewables. “Thanks to our partnership with CleanCapital, these projects are poised to deliver long-term utility bill savings and price certainty for our behind-the-meter customers.”
CleanCapital and its business development team will be at RE+ in Las Vegas this year, Nov. 16-19.
— Solar Builder magazine
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