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Energy - NOVEMBER 8, 2021

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Blackstone awarded 35 MW of community solar projects in New Jersey

by Released

Altus Power and Link Logistics have plans to build and operate a portfolio of rooftop community solar projects to serve about 10,000 residential customers throughout the state of New Jersey with renewable energy.

“We are excited to bring together innovative companies like Link and Altus to support the energy transition and make a difference in the communities where we operate. This collaboration is just one example of how we use our scale to help make our portfolio companies stronger, more profitable and more sustainable,” said Robert Horn, co-head of energy for Blackstone Credit and Eric Duchon, global head of ESG for Blackstone Real Estate.

The projects will generate about 35 megawatts of power and will allocate at least 51 percent of the clean energy generated to historically underserved communities in the state. The projects will be rooftop-based solar systems located on Link Logistics' commercial and industrial facilities across New Jersey. The projects will a

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