France headquartered, ENGIE North America acquired a 70 MW portfolio of 22 distributed solar projects from Prospect14 in Pennsylvania, all operating under the state’s Net Energy Metering (NEM)policy. The portfolio includes multiple grid-connected sites designed to offset local electricity demand through distributed generation. This transaction expands ENGIE’s project footprint in Pennsylvania and reflects sustained commercial interest in net-metered solar assets. The projects remain within the existing utility interconnection framework and highlight the continued role of localized solar generation in the state’s evolving energy mix. As Pennsylvania’s distributed energy market matures, acquisitions like this indicate a growing emphasis on decentralized infrastructure and the operational viability of net-metered systems across regulated regional markets.
ENGIE acquires 70 MW NEM solar portfolio from Prospect14 in Pennsylvania
A 70 MW portfolio of 22 net-metered solar projects was acquired by ENGIE North America from Prospect14 in Pennsylvania to support grid reliability and local growth.
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