CleanChoice Energy, a U.S.-based renewable energy company, announced the acquisition of two solar projects totaling 54.2 MW in New York State from CS Energy, a solar project developer.
Both solar projects will have a capacity of 27.1 MW each, with the Dolan project located in Washington County and the Hawthorn project in Rensselaer County.
The construction of the projects is expected to begin in the fall of 2025, with a planned interconnection date in the fourth quarter of 2026. Once the projects are completed, both will interconnect to the National Grid.
CS Energy has led the development of both projects for the past five years. The financial details of the acquisition were not disclosed.
Recently, the company has unveiled its first solar project, located in Franklin County, Pennsylvania, and is also continuing construction on a second project in Kylertown, Pennsylvania.
“CleanChoice Energy is committed to making renewable energy more accessible, and our two solar projects in New York will soon double the amount of clean energy that we deliver to the Mid-Atlantic region,” said Zoë Gamble, President of CleanChoice. “With electric grids struggling to keep up with ever-increasing demand, along with growing consumer demand for more sustainable energy options, investing in solar generation is a win-win solution for everyone.”
In April 2023, True Green Capital Management, a renewable energy infrastructure investment firm, announced the acquisition of majority ownership in CleanChoice Energy.
According to Mercom’s Q1 2025 Solar Funding and M&A report, about 13.6 GW of solar projects were acquired in Q1 2025 compared to 10.8 GW in Q1 2024.
Earlier this month, Ingka Investments, the investment arm of Ingka Group, announced the acquisition of a 76.3 MW solar project portfolio in the Netherlands from the SUSI Renewable Energy Fund II, an investment vehicle managed by SUSI Partners, a Swiss-based infrastructure investment manager.
