Announced
Synopsis
ArcLight, an energy infrastructure firm, agreed to acquire Puerto Rico Operation of Sonnedix, a solar independent power producer. Financial terms are not disclosed. “This transaction represents the first acquisition by our Infinigen platform – an attractive opportunity to back the premier renewable asset owner, operator and developer in Puerto Rico. ArcLight looks forward to supporting Infinigen’s mission to provide low-cost, renewable electricity to North American communities. Over its 20-year history, ArcLight has invested over $4bn in 5 GW of renewable assets, and this transaction is testament to our continued commitment to enabling decarbonization and sustainability,” Dan Revers, ArcLight Managing Partner and Founder.
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