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PureSky Energy

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uuid00074vq

Namestring
PureSky Energy
Legal namestring
PureSky Community Solar Inc.
Company typeenum
Private
Founded yearint
2016
Descriptiontext

PureSky Energy (legal entity PureSky Community Solar Inc.), founded in 2016 and headquartered in Denver, Colorado, is a private developer, owner, and operator of community solar farms and battery energy storage assets in the United States. The company builds distributed-generation solar projects with capacities typically in the low-to-mid double-digit MW range, paired increasingly with DC-coupled battery storage, and sells subscription shares of those projects to residential, commercial, non-profit, government, and income-qualified (LMI) customers who receive credits on their utility electricity bills. As of December 2025, PureSky reported more than 200 MW of operational solar capacity across multiple states (New York, Massachusetts, Illinois, Minnesota, Maryland, with Pennsylvania listed as an active market) representing 52 active or under-construction project sites, an 821 MW development pipeline, and 935 battery storage units built or under contract; the company claims 10,000+ community solar subscribers and $17 million+ in customer savings delivered to date.

PureSky operates a direct-to-consumer, community-led GTM in which end-customers enroll via a zip-code-based web portal, U.S.-based phone and email customer care, community events, referral programs, and affinity partnerships; landowners are acquired as B2B site hosts for new projects. Revenue is generated primarily through recurring subscription billings equivalent to a roughly 10% discount on each subscriber's electricity share (typical household savings of ~$200/year and ~$4,000 over 20 years), supplemented by landowner lease payments. A meaningful portion of new project capacity — particularly under NYSERDA's Inclusive Community Solar Adder and the New York Expanded Solar for All (ESFA) program — reserves 60% or 100% of capacity for low-to-moderate income subscribers, creating a structurally subsidy-aligned revenue model in regulated state markets.

The company is privately held, having been acquired in June 2023 by a consortium of Fiera Infrastructure Inc. and Palisade Infrastructure Group from its prior parent Amp Solar Group Inc.; it was rebranded from Amp US to PureSky Energy at that time. Since acquisition it has secured a $150 million revolving credit facility with Nomura Securities International (November 2023), closed multiple solar portfolios at $100M+ scale (2020–2022), achieved GRESB score progression from 84 to 89 and PCI/SOC 2 readiness milestones, and installed a new leadership team in 2025–2026 led by CEO Jared Haines (previously CEO of Catalyze) and CFO Rami Khadra (formerly VP Treasury & FP&A at Amp Energy, with senior roles at Algonquin Power and Brookfield Renewable Partners).

Short descriptiontext

PureSky Energy is a Denver-based private developer, owner, and operator of community solar farms and battery storage assets in the United States, serving residential, commercial, non-profit, government, and low-to-moderate-income subscribers through recurring electricity-credit subscriptions across six states.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersDenver, United States
HQ citystring
Denver
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community solar, solar energy development, battery energy storage, distributed generation solar, renewable energy services
Industry4 codes
1Distributed Generation (DG) Solar & Small Wind
CodeEUAMAJADPrimaryYes
2Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro)
CodeEUACALAJPrimaryNo
3Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System)
CodeEUAMABABPrimaryNo
4Distributed Storage (Behind-the-Meter Batteries)
CodeEUAMAJAEPrimaryNo
NAICS code1 code
  • Solar Electric Power Generation221114
SIC code1 code
  • Electric Services4911
Product category
Community Solar / Distributed Generation Energy Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Community Solar Subscriptions
TypeSubscription Recurring
Description

PureSky generates revenue through community solar subscriptions where customers receive a share of electricity production credits on their utility bills. Customers pay for their portion of solar energy generated at a discount (typically 10%), creating recurring revenue. No upfront costs to subscribe and easy cancellation options drive customer acquisition.

pureskyenergy.com
2Landowner Hosting Fees
TypeProfessional Services
Description

Landowners earn stable income from hosting solar and energy storage solutions on their property, creating a B2B revenue stream for site acquisition.

pureskyenergy.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Pricing details1 tier
1Standard community solar subscription with 10% discount on electricity credits
ModelSubscriptionBilling cadenceMonthly
Notes

Customers receive approximately 10% savings on electricity through solar credits. No fees to sign up, no rooftop installation required, and easy cancellation with no cost. A $75 sign-up bonus is offered for new customers.

pureskyenergy.com
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

PureSky Energy builds, owns, and operates community solar farms across multiple U.S. states, allowing homeowners, renters, businesses, non-profits, and government entities to subscribe to a share of locally generated solar energy and receive approximately 10% savings on their electricity bill credits, without rooftop installation or upfront cost. The company also operates a landowner hosting program for siting solar and battery storage assets, in-house solar farm development capabilities (site assessment through construction management), and paired battery energy storage systems to support resilient grids.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 10% discount on electricity through solar credits
+4 more records
Product overview1 text field

PureSky Energy operates a comprehensive community solar platform consisting of four integrated offerings: Community Solar (the core subscription product where customers save on electricity bills with no installation required), Hosting Solar Farms (landowner partnership program), Solar Farm Development (in-house project development capabilities), and Battery Storage (add-on energy storage paired with solar). The company owns and operates solar farms across multiple U.S. states, serving residential, commercial, non-profit, and public sector customers. Their portfolio includes approximately 821 MW in development, 52 active or under-construction solar farms, and 935 batteries built or under contract, with operations spanning New York, Illinois, Minnesota, Massachusetts, Maryland, and Pennsylvania.

Product and service4 records
1Community Solar Subscription
CategoryCommunity Solar / Distributed Generation Energy
Description

Subscription-based access to a shared community solar farm that delivers approximately 10% savings on electricity bill credits for homeowners, renters, businesses, non-profits, and government subscribers, with no rooftop installation, no upfront cost, and easy cancellation.

2Host a Solar Farm (Landowner Hosting Program)
CategorySolar and Storage Site Hosting
Description

Program under which landowners lease parcels of land to PureSky Energy for the development, construction, and operation of solar farms and battery storage assets, in exchange for stable lease/hosting income.

3Solar Farm Development
CategorySolar Project Development Services
Description

End-to-end in-house solar project development service covering site assessment, permitting, engineering, procurement, and construction management of community solar farms.

4Battery Energy Storage
CategoryBattery Energy Storage Systems
Description

Battery energy storage systems paired with PureSky community solar projects to support resilient grids, store renewable energy, and optimize project value through DC-coupled solar + storage architecture.

Scale indicator13 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-10-03
Description

Eden Renewables developed the Elmbrook Community Solar Farm which is now owned and operated by PureSky Energy, representing a development partnership for solar project acquisition.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-03-15
Description

First collaborative project between PureSky Energy and Chaberton Energy Holdings, Inc., marking PureSky's entry into the Maryland solar market with a 2.47 MW solar project in Potomac, Maryland.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

PureSky participates in NYSERDA's Inclusive Community Solar Adder program with 60% of project capacity reserved for low-to-moderate income subscribers. Also enrolled in New York State's Expanded Solar for All (ESFA) program for LMI-focused projects.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Community solar and storage developer operating in the same Northeast and Southeast US markets with a similar subscription-based model targeting residential and commercial subscribers.

TypeDirect peer
Description

One of the largest community solar developers and operators in the US, with a similar business model of building, owning, and operating community solar farms across multiple states and offering subscription-based bill credits to residential and commercial customers.

TypeDirect peer
Description

Massachusetts-based community solar developer with overlapping geographic focus in MA and NY, developing and operating community solar farms with similar subscription and LMI-focused offerings.

TypeDirect peer
Description

Large-scale solar developer with significant community solar and utility-scale portfolios across multiple US states, sharing a similar project development, financing, and asset ownership model with PureSky.

TypeBroad incumbent
Description

Subsidiary of Clearway Energy (NYSE: CWEN), operating community solar assets as part of a broader renewable energy generation portfolio with utility-scale and distributed assets across multiple states.

TypeBroad incumbent
Description

Global energy major with a US distributed solar and storage development business, including community solar projects, offering broader capital and geographic reach than PureSky.

TypeBroad incumbent
Description

Largest US renewable energy developer with a distributed generation origination arm that competes for community solar projects and incentive capacity in overlapping markets.

TypeDirect peer
Description

US community solar developer and owner-operator focused on the Northeast and Mid-Atlantic, with a similar subscription-based model and active development pipeline of distributed generation projects.

TypeEmerging player
Description

Clean energy platform that connects community solar subscribers and manages community solar portfolios, with overlapping customer-facing functionality to PureSky's subscription management offering.

TypeBroad incumbent
Description

Subsidiary of The AES Corporation operating distributed solar, storage, and community solar projects across the US with broader corporate backing and geographic reach than PureSky.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

PureSky Energy

Community Solar / Distributed Generation Energy Servicespureskyenergy.com

PureSky Energy is a Denver-based private developer, owner, and operator of community solar farms and battery storage assets in the United States, serving residential, commercial, non-profit, government, and low-to-moderate-income subscribers through recurring electricity-credit subscriptions across six states.

What PureSky Energy does

PureSky Energy (legal entity PureSky Community Solar Inc.), founded in 2016 and headquartered in Denver, Colorado, is a private developer, owner, and operator of community solar farms and battery energy storage assets in the United States. The company builds distributed-generation solar projects with capacities typically in the low-to-mid double-digit MW range, paired increasingly with DC-coupled battery storage, and sells subscription shares of those projects to residential, commercial, non-profit, government, and income-qualified (LMI) customers who receive credits on their utility electricity bills. As of December 2025, PureSky reported more than 200 MW of operational solar capacity across multiple states (New York, Massachusetts, Illinois, Minnesota, Maryland, with Pennsylvania listed as an active market) representing 52 active or under-construction project sites, an 821 MW development pipeline, and 935 battery storage units built or under contract; the company claims 10,000+ community solar subscribers and $17 million+ in customer savings delivered to date.

PureSky operates a direct-to-consumer, community-led GTM in which end-customers enroll via a zip-code-based web portal, U.S.-based phone and email customer care, community events, referral programs, and affinity partnerships; landowners are acquired as B2B site hosts for new projects. Revenue is generated primarily through recurring subscription billings equivalent to a roughly 10% discount on each subscriber's electricity share (typical household savings of ~$200/year and ~$4,000 over 20 years), supplemented by landowner lease payments. A meaningful portion of new project capacity — particularly under NYSERDA's Inclusive Community Solar Adder and the New York Expanded Solar for All (ESFA) program — reserves 60% or 100% of capacity for low-to-moderate income subscribers, creating a structurally subsidy-aligned revenue model in regulated state markets.

The company is privately held, having been acquired in June 2023 by a consortium of Fiera Infrastructure Inc. and Palisade Infrastructure Group from its prior parent Amp Solar Group Inc.; it was rebranded from Amp US to PureSky Energy at that time. Since acquisition it has secured a $150 million revolving credit facility with Nomura Securities International (November 2023), closed multiple solar portfolios at $100M+ scale (2020–2022), achieved GRESB score progression from 84 to 89 and PCI/SOC 2 readiness milestones, and installed a new leadership team in 2025–2026 led by CEO Jared Haines (previously CEO of Catalyze) and CFO Rami Khadra (formerly VP Treasury & FP&A at Amp Energy, with senior roles at Algonquin Power and Brookfield Renewable Partners).

PureSky Energy firmographics

Firmographics
Name
PureSky Energy
Legal name
PureSky Community Solar Inc.
Website
https://www.pureskyenergy.com/
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
51–100 employees
Short description
PureSky Energy is a Denver-based private developer, owner, and operator of community solar farms and battery storage assets in the United States, serving residential, commercial, non-profit, government, and low-to-moderate-income subscribers through recurring electricity-credit subscriptions across six states.
Ownership category
akta.pro rank

PureSky Energy industry classification

Industry
Product category
Community Solar / Distributed Generation Energy Services
NAICS
Solar Electric Power Generation (221114)
SIC
Electric Services (4911)
akta.pro primary industry
Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
akta.pro secondary industries
Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE)

Keywords

  • Community solar
  • Solar energy development
  • Battery energy storage
  • Distributed generation solar
  • Renewable energy services

Where PureSky Energy is headquartered

Location

Headquarters

HQ city
Denver
HQ country
United States
HQ region
North America

Offices1 record

Markets served

PureSky Energy business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Community Solar Subscriptions: PureSky generates revenue through community solar subscriptions where customers receive a share of electricity production credits on their utility bills. Customers pay for their portion of solar energy generated at a discount (typically 10%), creating recurring revenue. No upfront costs to subscribe and easy cancellation options drive customer acquisition.
  2. Landowner Hosting Fees: Landowners earn stable income from hosting solar and energy storage solutions on their property, creating a B2B revenue stream for site acquisition.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyStandard community solar subscription with 10% discount on electricity credits

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

PureSky Energy product offering

Product offering

Core offering

PureSky Energy builds, owns, and operates community solar farms across multiple U.S. states, allowing homeowners, renters, businesses, non-profits, and government entities to subscribe to a share of locally generated solar energy and receive approximately 10% savings on their electricity bill credits, without rooftop installation or upfront cost. The company also operates a landowner hosting program for siting solar and battery storage assets, in-house solar farm development capabilities (site assessment through construction management), and paired battery energy storage systems to support resilient grids.

Product overview

PureSky Energy operates a comprehensive community solar platform consisting of four integrated offerings: Community Solar (the core subscription product where customers save on electricity bills with no installation required), Hosting Solar Farms (landowner partnership program), Solar Farm Development (in-house project development capabilities), and Battery Storage (add-on energy storage paired with solar). The company owns and operates solar farms across multiple U.S. states, serving residential, commercial, non-profit, and public sector customers. Their portfolio includes approximately 821 MW in development, 52 active or under-construction solar farms, and 935 batteries built or under contract, with operations spanning New York, Illinois, Minnesota, Massachusetts, Maryland, and Pennsylvania.

Differentiator

Problem solved

Functional benefit

Products and services

  • Community Solar Subscription Subscription-based access to a shared community solar farm that delivers approximately 10% savings on electricity bill credits for homeowners, renters, businesses, non-profits, and government subscribers, with no rooftop installation, no upfront cost, and easy cancellation.
  • Host a Solar Farm (Landowner Hosting Program) Program under which landowners lease parcels of land to PureSky Energy for the development, construction, and operation of solar farms and battery storage assets, in exchange for stable lease/hosting income.
  • Solar Farm Development End-to-end in-house solar project development service covering site assessment, permitting, engineering, procurement, and construction management of community solar farms.
  • Battery Energy Storage Battery energy storage systems paired with PureSky community solar projects to support resilient grids, store renewable energy, and optimize project value through DC-coupled solar + storage architecture.

Quantifiable outcome

  • 10% discount on electricity through solar credits
  • +4 more outcomes

Companies that use PureSky Energy

Customer profile

Named customers3 records

Segments6 records

Ideal customer profiles4 records

PureSky Energy technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

PureSky Energy partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor and core.

  • Eden RenewablesminorStrategic or Co-development Partner · 3 October 2023Eden Renewables developed the Elmbrook Community Solar Farm which is now owned and operated by PureSky Energy, representing a development partnership for solar project acquisition.
  • Chaberton Energy Holdings, Inc.minorStrategic or Co-development Partner · 15 March 2023First collaborative project between PureSky Energy and Chaberton Energy Holdings, Inc., marking PureSky's entry into the Maryland solar market with a 2.47 MW solar project in Potomac, Maryland.
  • NYSERDA (New York State Energy Research and Development Authority)coreStrategic or Co-development PartnerPureSky participates in NYSERDA's Inclusive Community Solar Adder program with 60% of project capacity reserved for low-to-moderate income subscribers. Also enrolled in New York State's Expanded Solar for All (ESFA) program for LMI-focused projects.

Scale indicators13 records

Recent moves7 records

Expansion highlights7 records

PureSky Energy competitors and assessment

Company assessment

Direct peers

  • Dimension Energy: Community solar and storage developer operating in the same Northeast and Southeast US markets with a similar subscription-based model targeting residential and commercial subscribers.
  • Nexamp: One of the largest community solar developers and operators in the US, with a similar business model of building, owning, and operating community solar farms across multiple states and offering subscription-based bill credits to residential and commercial customers.
  • BlueWave Solar: Massachusetts-based community solar developer with overlapping geographic focus in MA and NY, developing and operating community solar farms with similar subscription and LMI-focused offerings.
  • Cypress Creek Renewables: Large-scale solar developer with significant community solar and utility-scale portfolios across multiple US states, sharing a similar project development, financing, and asset ownership model with PureSky.
  • Summit Ridge Energy: US community solar developer and owner-operator focused on the Northeast and Mid-Atlantic, with a similar subscription-based model and active development pipeline of distributed generation projects.

Broad incumbents

  • Clearway Community Solar: Subsidiary of Clearway Energy (NYSE: CWEN), operating community solar assets as part of a broader renewable energy generation portfolio with utility-scale and distributed assets across multiple states.
  • ENGIE Distributed Solar: Global energy major with a US distributed solar and storage development business, including community solar projects, offering broader capital and geographic reach than PureSky.
  • NextEra Energy Resources: Largest US renewable energy developer with a distributed generation origination arm that competes for community solar projects and incentive capacity in overlapping markets.
  • AES Distributed Energy: Subsidiary of The AES Corporation operating distributed solar, storage, and community solar projects across the US with broader corporate backing and geographic reach than PureSky.

Emerging players

  • Arcadia: Clean energy platform that connects community solar subscribers and manages community solar portfolios, with overlapping customer-facing functionality to PureSky's subscription management offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

PureSky Energy social profiles

Digital presence

PureSky Energy compliance and trust

Trust signal

Compliance5 records

PureSky Energy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

PureSky Energy leadership team

Management profile

Number of profiles

Profiles5 records

PureSky Energy funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

PureSky Energy M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PureSky Energy

What does PureSky Energy do?

PureSky Energy builds, owns, and operates community solar farms across multiple U.S. states, allowing homeowners, renters, businesses, non-profits, and government entities to subscribe to a share of locally generated solar energy and receive approximately 10% savings on their electricity bill credits, without rooftop installation or upfront cost. The company also operates a landowner hosting program for siting solar and battery storage assets, in-house solar farm development capabilities (site assessment through construction management), and paired battery energy storage systems to support resilient grids.

Is PureSky Energy a public or private company?

PureSky Energy is a private company. It is classified as private equity controlled and is currently operating.

When was PureSky Energy founded?

PureSky Energy was founded in 2016. It employs 51 to 100 people.

Where is PureSky Energy based?

PureSky Energy is headquartered in Denver, United States, in the North America region.

How does PureSky Energy make money?

Two revenue lines are on record. Community Solar Subscriptions are the primary driver. The others are landowner Hosting Fees.

Who are PureSky Energy's main competitors?

Direct peers on record are Dimension Energy, Nexamp, BlueWave Solar, Cypress Creek Renewables and Summit Ridge Energy. Broad incumbents are Clearway Community Solar, ENGIE Distributed Solar, NextEra Energy Resources and AES Distributed Energy. Arcadia is listed as an emerging player.

Does PureSky Energy have an API?

No public API is recorded for PureSky Energy.

What industry is PureSky Energy in?

PureSky Energy's product category is Community Solar / Distributed Generation Energy Services. Its primary akta.pro industry code is EUAMAJAD, Distributed Generation (DG) Solar & Small Wind, with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 4911.

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Live signals
SolarQuarterPureSky Energy Launches 1.98 MW Community Solar in IllinoisPureSky Energy launched its 1.98 MWDC McLean 1 community solar project in McLean County, Illinois, its first in the state. The project, developed under the Illinois Solar for All program, is dedicated to low- and moderate-income households and is expected to generate 3.13 million kWh annually, powering about 439 homes. Over 30 years, it is projected to provide $5.4 million in savings and avoid 4.6 million pounds of CO₂ emissions.MercomcapitalFunding and M&A Roundup: PureSky Closes $62 Million Credit FinancingPureSky Energy closed a $62 million upsizing of its corporate credit facility arranged by Nomura, enabling repayment of legacy debt and increased liquidity for its U.S. community solar business. ARRAY Technologies entered into a definitive agreement to acquire Affordable Wire Management for up to $203 million, while Unirac acquired Terrasmart's solar racking business from Gibraltar Industries for $5 million. Additionally, British International Investment syndicated 50% of its $75 million mezzanine debt facility for Blueleaf Energy's 850 MW Indian renewable portfolio to Emerging Africa and Asia Infrastructure Fund, and Piq Energy raised $5 million in seed funding.Pv-magazine-usaPureSky refinances community solar, battery storage portfolioPureSky Energy completed a $183.7 million refinancing of its operating community solar and storage portfolio, consolidating eight existing debt portfolios into a single financing structure alongside a $62 million upsizing of its corporate credit facility arranged by Nomura. The refinanced portfolio spans 43 operating solar and storage assets across Massachusetts, New York, and Minnesota, totaling roughly 211 MW of solar generation capacity and 58 MWh of battery storage. The transaction, involving institutional investors PGIM, AB CarVal, and Denham Capital, removes the need to refinance the portfolio for the next decade and provides PureSky with increased financial flexibility to support its growing development and construction portfolio.GlobeNewswirePureSky Energy Closes $62 Million Upsizing of Corporate Credit FacilityPureSky Energy announced the closing of a $62 million upsizing of its corporate credit facility arranged by Nomura, concurrently with an investment-grade refinancing of its operating debt. The transaction enabled repayment of legacy holding company indebtedness and strengthened the company's balance sheet by simplifying its capital structure and enhancing liquidity. The expanded facility provides increased financial flexibility to support PureSky's growing portfolio of U.S. community solar and distributed generation projects.RenewablesnowPureSky closes USD-183.7m refinancing of US solar, BESS portfolioPureSky completed a USD 183.7 million refinancing of its US solar and battery energy storage portfolio, covering 211 MWdc of solar capacity and 58 MWh of BESS across Massachusetts, New York, and Minnesota. The transaction consolidates eight existing debt portfolios into a single structure, providing long-term financing certainty and eliminating refinancing risk for the next decade, while receiving an investment-grade rating. Note purchasers included PGIM, AB CarVal, and Denham Capital, with Marathon Capital serving as exclusive financial adviser.PureskyenergyPureSky Energy Completes Landmark $183.7MM Investment-Grade RefinancingPureSky Energy completed a $183.7 million investment-grade refinancing of its operating portfolio, consolidating eight debt portfolios into a single structure. The financing covers 211 MWDC of solar and 58 MWh of storage across 43 assets in three states, providing long-term financing certainty for a decade.PureskyenergyPureSky Energy Closes $62 Million Upsizing of Corporate Credit FacilityPureSky Energy closed a $62 million upsizing of its corporate credit facility arranged by Nomura, concurrent with an investment-grade refinancing of operating debt. The transaction simplifies its capital structure and enhances liquidity to support growth across its U.S. community solar platform.GlobeNewswirePureSky Energy Launches Twin Community Solar Farms in Corinth, NY – Expanding Clean Energy Access with Inclusive Low-Income ParticipationPureSky Energy launched Heath Brook and Sand Brook community solar farms in Corinth, NY, totaling about 12.92 MWdc. The projects generate roughly 18.8 million kWh annually, powering ~2,725 homes and offsetting over 30 million pounds of CO₂. They reserve 60% of capacity for low-to-moderate income subscribers under NYSERDA's Inclusive Community Solar Adder program.GlobeNewswirePureSky Energy Launches Twin Community Solar Farms in Corinth, NY – Expanding Clean Energy Access with Inclusive Low-Income ParticipationPureSky Energy announced the commercial operation of its Heath Brook and Sand Brook community solar projects in Corinth, New York, with a combined capacity of approximately 12.92 MWdc now delivering clean energy to the grid. Both projects participate in NYSERDA's Inclusive Community Solar Adder program, with 60% of capacity reserved for low-to-moderate income subscribers, and are expected to generate around 18.8 million kWh annually while providing nearly $8 million in utility bill credits to local subscribers over 30 years. The launch reflects the company's expanding contribution to New York's solar portfolio and its commitment to energy accessibility for underserved communities.GlobeNewswirePureSky Energy Surpasses 200 Megawatts of Operational Solar ProjectsPureSky Energy surpassed 200 MW of operational solar projects in 2025, with a total portfolio of about 241 MW across 52 sites. The milestone provides enough clean energy to power tens of thousands of homes annually. The company continues to expand its pipeline across multiple states.