DSD Acquires 15 MW Community Solar Portfolio from New Energy Equity in Minnesota
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Project will provide power to an estimated 900 subscribers across eight cities
The acquisition increases DSD's existing footprint in the state, following the acquisition of an 11.3 MW community solar portfolio in
"We're thrilled to partner with DSD on this great community solar portfolio, which will increase access to clean energy and positively impact Minnesotan communities," said Josh Kunkel, President of New Energy Equity. "The state's recently extended community solar program is a win for communities and developers alike, and we are excited to continue to support the clean energy transition in
Ground-mounted panels will be installed in
"It has been promising to watch
Construction is already underway on four projects and is slated to start at the remaining five sites by the end of 2023. Completion of the entire portfolio is expected by 2024. Arcadia Power will handle customer acquisition and subscriptions for the projects.
Learn more about DSD's commitment to community solar.
About DSD Renewables
DSD Renewables (DSD) is transforming the way organizations harness clean energy while building a more sustainable future. With unparalleled capabilities including development, structured financing, project acquisition and long-term asset ownership, DSD accelerates the deployment of renewable energy resources and creates significant value for our commercial, industrial, and municipal customers and partners. Backed by world-leading financial partners, our team brings a distinct combination of ingenuity, rigor, and accountability to every project we manage, acquire, own, and maintain. To learn more, visit DSDRenewables.com and connect with us on LinkedIn, Twitter, and Facebook.
About New Energy Equity
New Energy Equity, an ALLETE company, is a national end-to-end solar development and finance company, having successfully completed more than 250 projects totaling more than 475 megawatts across the United States. Our focus is on developing, financing, operating and managing solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. We have ranked on Solar Power World's "Top Solar Contractors" list every year since its inception and were voted one of the fastest-growing energy companies in D.C.,
Contacts
Meghan Gainer
VP Marketing & Communications, DSD Renewables
(518) 369-3692
Christian Rizzo
Gregory FCA for DSD Renewables
christian@gregoryfca.com
(201) 519-7838
Keri Fisher
Senior Director of Marketing, New Energy Equity
kfisher@newenergyequity.com
(443) 266-2079
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SOURCE New Energy Equity