POWER Magazine•5 days ago
Argo Infrastructure Partners Acquires Solar Portfolio from NuGen
Key Takeaway
Investor interest in operational C&I solar remains high, particularly in states with strong policy support, creating opportunities for developers and stable supply options for large consumers.
AI Summary
- •Argo Infrastructure Partners acquired an 8-site, operational commercial and industrial (C&I) solar portfolio (6 in Massachusetts, 2 in New Jersey) from NuGen Capital Management.
- •This M&A activity signals strong investor confidence and a robust secondary market for established distributed solar assets, offering developers a clear exit strategy for completed projects.
- •The focus on Massachusetts and New Jersey highlights the value of C&I solar projects in states with supportive policy environments, indicating where developers might find strong market conditions and where large loads can expect continued distributed generation growth.
Topics
financingm&apolicyppasolar
Article Content
Argo Infrastructure Partners LP, an independent mid-market infrastructure investment manager, said it has acquired a commercial and industrial (C&I) solar portfolio from NuGen Capital Management, LLC. The deal announced July 9 includes a portfolio consisting of eight sites, with six in Massachusetts and two in New Jersey. The acquisition of this established, operational solar portfolio […] The post Argo Infrastructure Partners Acquires Solar Portfolio from NuGen appeared first on POWER Magazine .