SolRiver Capital, a solar investment fund, has collected $200 million in capital commitments from an energy infrastructure fund sponsored by Rockland Capital to invest in utility-scale, commercial solar projects.
The SolRiver/Rockland platform will acquire, own and operate solar projects ranging from 2 to 50 megawatts across the United States.
“Partnering with Rockland allows SolRiver to capture a larger share of an increasingly complex solar market,” explained Brandon Conard, managing partner of SolRiver. “Solar projects now include new technologies like energy storage, new revenue strategies like hedges and merchant structures, and new policies like community solar.”
The partnership will acquire projects at any phase of development, from pre-NTP through mechanical completion.
The SolRiver/Rockland platform is already in the process of acquiring solar projects. Recently it completed its first round of acquisitions, comprising 25 megawatts across