en.Wedoany.com Reported - U.S. distributed energy infrastructure investor ClearGen Holdings, LLC has completed the full acquisition of a 19 MW commercial and industrial solar portfolio. The 19 MW solar portfolio includes 10 behind-the-meter projects located in California, Colorado, Florida, Massachusetts, and New Jersey. The seller in this transaction was an affiliate of Tortoise Capital Advisors, and ClearGen acquired 100% of the equity in the portfolio.

Upon completion of the transaction, ClearGen will assume full asset management responsibilities for all 10 operational projects. This 19 MW solar portfolio acquisition further expands ClearGen's distributed energy asset footprint across five states in North America. ClearGen is backed by CBRE Investment Management and invests in community solar, battery storage, energy efficiency, electric vehicle charging, and related infrastructure.

The acquisition of this 19 MW solar portfolio represents a concrete step in ClearGen's ongoing expansion of its distributed energy investment portfolio. ClearGen focuses on distributed energy infrastructure investments, and this transaction further solidifies its market presence across multiple U.S. states. All 10 projects acquired are operational behind-the-meter assets, capable of providing stable clean electricity to commercial and industrial users.