Power-plant operator NRG Energy Inc., with generating stations in Connecticut, has acquired Solar Power Partners, a leading developer of commercial and industrial distributed solar projects in Connecticut and five other states, Puerto Rico and Canada.
No financial terms were disclosed.
In addition to 30 megawatts of distributed solar projects in operation or under construction, NRG also will secure development rights to San Francisco-based Solar Power Partners’ Â project pipeline in Connecticut, Massachusetts, New Jersey, California, Hawaii, Arizona and New Mexico, New Jersey, Puerto Rico, and Ontario, Canada.
In Connecticut, Westover School in Middlebury recently threw the switch on a 520-panel solar system that will save the girls’ school about 15 percent on its annual energy bill. The school has a 20-year deal to buy power from Solar Power in exchange for the energy provider and its partners owning and maintaining the solar equipment.
Wilton-based Alteris Renewables; Solar Power Partners, and the Connecticut Clean Energy Fund are the project’s partners.
Solar Power also has energy sites in grocery stores, hospitals, universities, office buildings, municipal buildings, schools and airports.
