Apex Closes Sale of 28 MWdc Illinois Community Solar Portfolio to SolAmerica Energy

Apex Clean Energy announced the sale of a 28 MWdc portfolio of Illinois community solar projects to SolAmerica Energy, a leader in distributed generation focused on solar and battery storage. The portfolio—comprising four 7 MW projects spanning Ameren and ComEd territories—will deliver bill savings to residents and businesses through the state’s community solar program. The transaction marks Apex’s first with SolAmerica and its second distributed energy portfolio commercialization in six months, reflecting strong demand for ready-to-build projects that ease strain on the grid and deliver savings to American households.

“This portfolio reflects the depth and repeatability of Apex’s distributed energy platform, and we’re pleased to see these projects move into the hands of an experienced company like SolAmerica,” said Charlie Johnson, Apex head of distributed energy resources. “Bringing this volume of community solar to commercialization in today’s market is a credit to the team and to the partners who helped us get these projects across the finish line.”

“We are thrilled to finalize this acquisition with the Apex team, who were terrific partners throughout the entire process,” said John Buffington, vice president of business development for SolAmerica Energy. “This portfolio is a perfect fit for our long-term strategy. We are excited to increase our posture as an acquirer in the market and look forward to further additions to our portfolio as we continue to scale.”

The four projects are expected to begin commercial operations in 2027. Apex’s distributed energy resources team now manages a pipeline of approximately 950 MWdc spanning 12 states.

Apex Clean Energy | https://www.apexcleanenergy.com/

SolAmerica Energy | https://solamericaenergy.com/