TGC acquires 64 MW DC solar assets from Ecofin across US states

True Green Capital Management, a Connecticut-based renewable energy investment firm, has acquired 64 MW DC of operating solar assets from Ecofin US Renewables recently. According to True Green Capital, the portfolio includes 62 distributed solar projects across seven US states, operating in PJM, CAISO, ISO-NE, and MISO markets. The assets are under long-term power purchase agreements and generate income from renewable energy credits. The acquisition, completed through TGC’s fourth fund, has increased its total distributed solar capacity to over 600 MW. As per True Green Capital, the projects align with its previous investments and will be optimized using in-house expertise. Legal counsel for the transaction was provided by A&O Shearman, supporting the firm’s strategy to grow through operating asset acquisitions.