Altus Power, an independent developer, owner, and operator of commercial-scale solar projects, announced the acquisition of three ground-mounted solar projects in Florida from Origis Energy, a solar project developer.
The acquired projects have a total capacity of 8.6 MW and are already generating and delivering power to a local utility through long-term power purchase agreements (PPAs).
Altus Power claims to have a presence across 26 states with over 1.1 GW of operating assets, and with this acquisition, the company continues to strengthen its presence in Florida.
“We’ve built a strong reputation for execution and responsible stewardship of the projects we acquire. This acquisition from Origis, one of our trusted partners, reflects that commitment as we expand our nationwide footprint, delivering incremental power where it’s needed most,” said Dan Griffin, Co-Head, Investment & Structured Finance, Altus Power. “Our team remains focused on disciplined investments aligned with our strategy, ensuring we deliver value to our partners, customers, and the communities we serve.”
In April, Altus Power also announced the acquisition of ten development-stage community solar projects totaling 58.4 MW in Maryland from Prospect14, a distributed solar energy development firm.
According to Mercom’s 1H and Q2 2025 Solar Funding and M&A report, approximately 19.9 GW of solar projects were acquired in the first half of 2025, compared to 18.5 GW in the first half of 2024.
Sonnedix, an independent solar power producer, acquired a portfolio of utility-scale solar projects with a combined capacity of 226 MW from Capital Dynamics, an independent private asset management firm. The portfolio comprises five subsidy-free solar projects located across Lazio and Sicily in Italy and is backed by long-term Pay-as-Produced power purchase agreements. Four of the five projects in the portfolio are operational.
