Sol Systems Acquires 157 MW IL Portfolio from Trajectory Energy Partners
Washington, D.C.-based Sol Systems announced the acquisition of a 157-megawatt (MWdc) solar development portfolio near Peoria, Illinois, from Illinois-based Trajectory Energy Partners. Sol Systems acquired the portfolio as part of its expanding Infrastructure + Impact business and is now developing more than 700 MW of solar across Illinois.
Sol Systems will construct, own, and operate the projects, which will generate enough clean electricity to power over 21,000 homes annually. The projects will bring millions of dollars in clean energy investment to local communities, create job opportunities, and drive economic growth across the region.
“This acquisition aligns with Sol Systems’ goal to expand our footprint across the Midwest,” said Mak Nagle, Chief Development Officer for Sol Systems. “We’re proud to work with the Trajectory team who is similarly focused on community engagement and excellence in solar development."
“Trajectory works diligently to develop solar projects that deliver clean energy, union jobs, and economic benefits to their host communities,” said Josh Bushinsky, Partner at Trajectory. “Our partnership matches Trajectory's high-quality development and extensive community engagement with Sol Systems’ operational expertise and commitment to positive impact. We share a goal of bringing the benefits of solar to communities across Illinois.”
Sol Systems | https://www.solsystems.com/
Trajectory Energy Partners | https://www.trajectoryenergy.com