Vinson & Elkins advised Apollo Global Management affiliates on Apollo’s agreement to invest $175 million in Summit Ridge Energy, LLC, a five-year-old Arlington, Virginia-based owner-operator of community solar assets.
The community solar segment makes it possible for individuals, businesses, nonprofits and other groups to subscribe to get power from local solar farms at rates lower than offered by traditional utilities, Apollo and Summit Ridge said in a statement.
Saul Ewing Arnstein & Lehr counseled Summit Ridge, which says it has formed two joint ventures for over $1 billion in permanent capital and has a portfolio including over 300 megawatts of ...
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