Harrison Street acquires 28MW solar project at Cincinnati Zoo
The seller was Soltage, a solar-project developer and independent power producer, and the developer was Melink Solar Development, an experienced Midwest solar developer and installer. Financial terms were not disclosed.
The solar project is under construction in the PJM power market. It has been fully contracted for 10 years with two power-purchase agreements. The acquisition marks Harrison Street’s second infrastructure investment in Cincinnati.
“As demand for high-quality renewable energy assets continues to rise, we are excited to further build upon our firm’s expertise investing in renewables and other clean energy infrastructure that advances our nation’s evolving sustainability goals,” said Christopher Merrill, co-founder, chairman and CEO of Harrison Street. “The Cincinnati Zoo & Botanical Garden has been working behind the scenes for over a decade to be able to leverage a porti