Prospect14, a clean energy development and investment firm, has sold approximately 1 gigawatt of solar and solar-plus-storage projects located in Virginia and Pennsylvania to a large institutional investor.
"As the U.S. solar market continues to mature, we are encouraged to see institutional investors step into mid-stage solar development as a confirmation of the value creation opportunity available through the development process. This is a milestone in the mainstreaming of solar as a desired asset class," said Carl Jackson, a partner of Prospect14.
