CleanCapital Acquires Solar Farm at Indianapolis Airport

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Photo courtesy of CleanCapital Photo courtesy of CleanCapital
INDIANAPOLIS -

New York-based CleanCapital has acquired solar farm properties in Indianapolis and Ohio from General Energy Solutions USA, Inc. A portion of the IND Solar Farm at Indianapolis International Airport is part of the acquisition.

CleanCapital bought that portion of the solar farm for just over $24 million. The Indianapolis solar farm is the largest capacity project that the company has acquired.The investment is the most recent in a series of acquisitions through CleanCapital’s $250 million collaboration with CarVal Investors.
CleanCapital now owns and operates 108 solar sites in 11 states ranging in sizes. 

“Our mission at CleanCapital is to accelerate the flow of capital to renewable energy projects in response to the urgent threat of climate change,” said Thomas Byrne, CEO of CleanCapital in a news release. “This most recent acquisition again affirms the robust investor appetite for these assets; CleanCapital remains committed to growing institutional investment in all sectors of the clean energy market via our cutting-edge platform.”
 

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