Project Finance Brief: Scale Microgrids Acquires 500 MW Community Solar Projects

Infiniti Energy closes $83 million financing for commercial solar project

January 24, 2024

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Scale Microgrids, a vertically integrated distributed energy platform, entered into a definitive agreement with Gutami to acquire 500 MW of distributed solar and storage projects. All the projects are located across multiple states, including California and New York. The acquisition is built on the company’s existing 100 MW partnership in New York. Scale and Gutami have executed an expansion agreement under which Gutami will develop 500 MW of energy transition infrastructure assets, which Scale will acquire, finance, and own.

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