SUSI Partners has acquired a 50 percent stake in Starling, a clean-energy company specializing in delivering integrated solar and storage systems.
Starling delivers renewable energy to residential consumers through its Plico Energy business. Through Plico Energy, Starling enables homeowners to become largely self-sufficient energy consumers through a combined offering of rooftop solar panels, a battery-storage unit, and software-driven dispatch optimization.
SUSI Partners made the acquisition through its SETF vehicle, which was launched in 2020 as SUSI’s flagship equity fund.
The fund has an evergreen structure and invests in sustainable-energy infrastructure with a focus on OECD countries, covering the wide spectrum of investment opportunities arising from the energy transition, including clean-energy generation, energy-efficiency measures, and energy-storage and integrated-customer solutions.
SETF has committed to providing additional capital for the
