Valta Energy and Black Bear Energy have completed a 1.7 MW rooftop solar array on a Torrance, CA warehouse owned by Ares Management’s Real Estate funds.
This fully leased facility, part of LADWP’s FiT program, will contribute renewable electricity to the local grid, supporting sustainability goals.
“We are excited to embark on this journey towards a more sustainable future with our partners,” said Steve Young, Managing Director in the Ares Real Estate team. “This rooftop solar project not only aligns with our initiative to support a transition to a lower carbon economy, but also demonstrates our commitment to driving positive change within the communities we operate.”
“We are thrilled to have collaborated with top caliber partners like Valta to complete projects of this scale which benefit the city of Los Angeles and support Ares’ commitment to solar,” added Drew Torbin, Black Bear’s Founder and President.
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