OMERS Infrastructure Signs Agreement with Ares Management to Acquire 100% of Navisun LLC, Signals Entry into Distributed Generation Space

OMERS Infrastructure Signs Agreement with Ares Management to Acquire 100% of Navisun LLC, Signals Entry into Distributed Generation Space

OMERS Infrastructure today announced that it has signed an agreement with a fund managed by Ares Management Corporation to acquire 100% of Navisun LLC, an independent distributed generation solar power producer. Navisun acquires, co-develops, constructs, finances, owns and operates distributed and small utility-scale solar and storage projects throughout the United States.

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Duke Energy Sustainable Solutions To Build It's Largest Solar Project To Date

Duke Energy Sustainable Solutions*, a nonregulated commercial brand of Duke Energy (NYSE: DUK), today announced the start of construction of the 250-megawatt (MW) Pisgah Ridge Solar project in Navarro County, Texas.

Once in operation, it will be the largest utility-scale solar facility in Duke Energy Sustainable Solutions’ fleet.

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Leeward Renewable Energy to Acquire Solar Development Platform from First Solar

Leeward Renewable Energy, LLC (“Leeward”), a growth-oriented renewable energy company and portfolio company of OMERS Infrastructure, today announced that it has entered into a Purchase and Sale Agreement (the “Agreement”) with First Solar, Inc. (NASDAQ: FSLR), through which Leeward will acquire from First Solar a utility-scale solar project platform of approximately 10-gigawatts (GW)AC.

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