CleanCapital Sells 120 MW Solar Project to Energix Renewables

CleanCapital, an independent power producer focused on distributed renewable energy, announced the sale of a 120-megawatt (MW) brownfield solar development in Harrison County, Ohio, to Energix Renewables. The transaction supports CleanCapital's broader effort to position the company for continued growth in distributed generation (DG) solar and energy storage and Energix’s continued expansion of its utility-scale platform in the U.S.

The solar project, dubbed "Nottingham,” was originally developed by BQ Energy, which was acquired by CleanCapital in 2022. Situated on a reclaimed coal strip mine, the project epitomizes how environmentally compromised land can be revitalized into clean energy generation sites, delivering long-term benefits for local communities and all stakeholders involved.

“This transaction advances CleanCapital’s strategic focus on DG-scale solar and energy storage projects in growing markets,” stated Thomas Byrne, CEO at CleanCapital. “The sale of this development project will allow us to focus our in-house development resources on maximizing efforts to scale our DG portfolio across the U.S. We are pleased to partner with Energix Renewables on this transaction, as they have deep expertise in developing larger-scale solar projects that create long-term value for local communities, landowners, stakeholders, and the environment.”

The transaction follows CleanCapital’s recent acquisition of a 7.7 MW energy storage joint venture and closing of a $300M HoldCo facility and a $185M Debt Private Placement. These strategic moves reinforce CleanCapital’s mission to deliver more clean megawatts to the grid by developing and managing projects that support the growing energy needs of everyday Americans and businesses.