Denver-based community solar developer SunShare has secured a $30 million equity commitment from Ember Infrastructure.
SunShare has more than 80 community solar projects across Colorado and Minnesota. The investment will allow SunShare to expand into new states. The company is one of the few developers to own and operate its projects.
“We were the first developer to see community solar’s potential to bring renewable energy to the masses in the drive toward a low-carbon future,” said David Amster-Olszewski, CEO of SunShare. “This investment will support our momentum; accelerate our ability to provide jobs, local partnerships with farmers, landowners, and utilities; and provide clean energy to more people to meet growing demand.”
With the investment, industry veteran and Ember partner Bob Kelly will join SunShare’s board of directors.
“We see the community solar asset class and SunShare, in particular, as a strong investment opportunity in the
