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BlackRock, GE Renewable venture closes fund for distributed generation projects
Q2: U.S. Solar and Wind Power by the Numbers
Essential Energy Insights - September 17, 2020
Essential Energy Insights September 2020
Rate case activity slips, COVID-19 proceedings remain at the forefront in August
Distributed Solar Development LLC closed a $250 million fund for the development of a portfolio of distributed generation projects through 2020.
Distributed Solar Development is a joint venture of GE Renewable Energy and a fund managed by BlackRock Real Assets.
The fund was financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank, according to an Oct. 23 new release.
BlackRock Real Assets is a BlackRock Inc. subsidiary and GE Renewable Energy is owned by General Electric Co.