Madison Energy Infrastructure, a renewable vitality developer, accomplished the acquisition of NextEra Energy Resources‘ distributed era growth platform. The transaction features a portfolio of working photo voltaic and vitality storage property, a pipeline of under-development tasks and clients throughout 25 states, and a workforce of business professionals.
Amite Photo voltaic in Louisiana. Credit score: NextEra Vitality
With this acquisition, Madison’s ecosystem now totals almost 1 GW of working clear vitality infrastructure property serving tons of of consumers — together with Fortune 500 companies, K-12 faculties, industrial and manufacturing amenities, electrical cooperatives and municipal utilities.
“Right now’s announcement represents a major milestone in Madison’s journey to ship distinctive worth to main companies and communities throughout the U.S.,” stated Richard Walsh, CEO of Madison. “We’re deeply grateful to our companions at NextEra Vitality Assets and all those that made this acquisition potential. We embrace our mission with confidence and enthusiasm, and we couldn’t be extra excited in regards to the path forward.”
Moreover, Madison acquired Sun Tribe Solar, the business arm of unpolluted vitality developer Solar Tribe, together with its mission pipeline, in April 2024.
Information merchandise from Madison Vitality Infrastructure
