Solar Alliance Completes Acquisition Of Second New York Solar Project As Growth Strategy Accelerates In 2022
Feb 02, 2022•over 3 years ago
Acquiring Company
Solar Alliance Energy(
Acquired Company
New York
EnergySustainability
Description
Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTCQB: SAENF) is pleased to announce it has completed the acquisition of a 389-kilowatt (“kW”) project in New York State from Abundant Solar Power Inc. The project acquisition, first announced on June 23, 2021, represents the second project Solar Alliance will own and operate under a 25-year power purchase agreement. A total of 687-kW of solar projects are now owned by the Company and will contribute recurring revenue once they achieve commercial operations in Q2, 2022.
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Tech stack consolidation
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