POWER Magazine•4 days ago
Argo Infrastructure Partners Acquires Solar Portfolio from NuGen
- •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.
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