Summit Ridge Energy announces tax equity partnership with Foss & Company
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ARLINGTON, Va., April 14, 2021 /PRNewswire/ Summit Ridge Energy (SRE) announced today that it has secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund approximately 73 MWdc portfolio of residential and commercial community solar projects across Illinois, Maryland and Maine. As the leader in the acquisition and financing of community solar projects, Summit Ridge is pleased to partner with Foss & Company on this portfolio of projects across three states, said Brian Dunn, SRE s Chief Operating Officer. The expansion of community solar is vital to the decarbonization of our electricity grid and will allow Americans to save millions of dollars in utility spend every year.