Lightsource bp Sells Over 1 GW of Solar Projects Portfolio

CleanChoice Energy, a renewable energy company, will acquire two solar projects with a combined capacity of 222.2 MWdc, located in Halifax and Bertie counties in North Carolina.

The company is acquiring the projects from utility-scale energy project developer Geenex, which began developing these projects in 2017.

Construction on the Sumac and Sweetleaf projects is expected to begin in early 2027, with interconnection planned for 2028. Upon completion, the Sumac Project will generate 103.92 MWdc, and the Sweetleaf Project will generate 118.3 MWdc. Both projects will connect to the PJM grid.

“The Sumac and Sweetleaf projects represent a pivotal step in our evolution into a fully integrated clean energy company that builds, owns, and delivers renewable power directly to customers,” said Zoë Gamble, President of CleanChoice. “As electricity demand accelerates nationwidee, we’re investing in high-capacity solar infrastructure that strengthens grid reliability, expands domestic energy supply, and gives more households access to locally sourced, pollution-free power.”

With these acquisitions, the company will triple its generation capacity to 331.99 MW and expand its clean energy generation business into the Southeast region of the country.

Currently, CleanChoice operates a solar project in Franklin County, Pennsylvania, which is interconnected to the PJM electric grid, and is constructing additional projects in Kylertown, Pennsylvania, Washington County, New York, and Rensselaer County, New York.

In June 2025, CleanChoice Energy 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.

According to Mercom’s Annual and Q4 2025 Solar Funding and M&A report, approximately 37.4 GW of solar projects were acquired in 2025, compared to 37.7 GW in 2024.

In February, Bestinver, Acciona’s asset management arm, sold a portfolio of solar projects with a total installed capacity of 91 MW in Spain to Zurich-based IST3 Infrastruktur Global, an infrastructure investment vehicle backed by Swiss pension funds.


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