BlackRock, an American multinational investment company, agreed to acquire solar and solar plus storage assets from Excelsior Energy Capital, a private equity firm. Financial terms were not disclosed. “We believe this diversified portfolio of long-term contracted commercial and industrial solar and storage projects represents an attractive platform investment for the core, open-ended Evergreen fund. This investment, sourced from a strong existing relationship across BlackRock Infrastructure with Excelsior, epitomizes the fund’s strategy of investing in long-dated infrastructure platforms with potential future growth well aligned with the energy transition and energy security,” James Berner, BlackRock Managing Director.