Sunlight Energy Investments, a subsidiary of Genie Energy Ltd., has acquired a solar development project in Hamilton, Indiana. The project will supply power to Hamilton Community High and Elementary Schools via fixed-price solar PPAs. Sunlight Energy, backed by Genie Energy, a provider of retail and renewable energy solutions, functions as an equity financing vehicle for solar projects, with third-party investors invited to participate. This acquisition follows Sunlight Energy’s previous purchase of 12 operational solar arrays in Ohio and Michigan, totaling 9.4 MW, serving educational facilities.
Sunlight Energy acquires Hamilton solar project
Sunlight Energy’s investment in the Hamilton solar project utilizes fixed-price PPAs. (Image Credit: LinkedIn).
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