DIF Capital Partners has agreed to acquire a majority equity interest in Green Street Power Partners, a developer, financier, owner and operator of distributed-generation solar projects for various private and public clients across the United States. Financial terms were not disclosed.
Headquartered in Stamford, Conn., Green Street has more than 2 gigawatts of solar projects in its pipeline in both existing and new markets that it will look to execute through the near- to medium-term. The company has developed a portfolio of more than 300 megawatts of operational and under-construction projects throughout the United States.
In 2023, Green Street’s projects are expected to produce more than 275 million kilowatt hours of energy nationwide, displacing more than 200,000 tons of carbon dioxide.
“The partnership with Green Street will further grow DIF’s North American renewable portfolio and marks our first distributed solar generation platform in the North Amer