ENGIE North America has announced the acquisition of a portfolio of 22 net energy metered (NEM) solar projects in Pennsylvania, totaling more than 70 megawatts (MW) of capacity. The projects were acquired from Prospect14, a Pennsylvania-based solar developer, and mark a major step in ENGIEโs efforts to expand its renewable energy footprint in the state.
The newly acquired portfolio consists of multiple distributed solar installations designed to deliver clean, cost-effective power to local communities. These projects align with ENGIEโs broader mission to support the energy transition by investing in sustainable solutions that also generate economic and community benefits.
Kristen Fornes, Head of Distributed Solar and Storage at ENGIE North America, stated, “We are excited to develop solar energy projects in Pennsylvania. These projects align with our mission to deliver sustainable, locally sourced energy while supporting the Commonwealth’s transition to a more resilient and decarbonized energy system.”
Brendan Neagle, President of Prospect14, mentioned, “This is great news for Pennsylvania. A well-capitalized energy market leader like ENGIE investing in solar projects in the Commonwealth means more jobs, increased local tax revenue for rural communities, and enhanced reliability for the distribution grid. Prospect14 is proud to play a role in making these benefits a reality in our home state.”
With this acquisition, ENGIE reinforces its commitment to advancing renewable energy in Pennsylvania, helping to create jobs, support local tax revenues, and improve the reliability of the distribution grid. The transaction also highlights the growing demand for distributed solar generation and the financial viability of NEM solar projects in the region.
As Pennsylvania continues to invest in clean energy infrastructure, projects like these play a key role in driving long-term economic development and environmental sustainability. This move by ENGIE not only strengthens the stateโs renewable energy landscape but also reflects the increasing momentum toward a cleaner and more resilient energy future.
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