Hull Street Energy has acquired the management team and development pipeline of Foundation Solar Partners, for an undisclosed amount.
Foundation Solar Partners is an independent renewable-development company that specializes in identifying and developing utility-scale solar generation projects in select markets in the eastern United States. The company has sold 1 gigawatt of solar projects in the Pennsylvania, New Jersey and Maryland (PJM) transmission territory since it was established in 2019.
Hull Street Energy, through its affiliates, will own 52 power generation stations providing 900 megawatts of renewable, gas-fired and dual-fueled generation capacity. Hull Street Energy will also add to Foundation Solar Partners’ development project portfolio.
