CleanCapital, a prominent independent power producer in the U.S. clean energy sector, has announced the acquisition of a distributed energy portfolio totaling 27.3 megawatts (MW) of solar capacity and 25.2 megawatt-hours (MWh) of battery storage. The portfolio, sourced from Pacifico Energy, spans six sites across Massachusetts and California and reflects CleanCapital’s ongoing strategy to grow its footprint in core renewable energy markets.
The assets include two projects participating in Massachusetts’ SMART program and four behind-the-meter solar-plus-storage sites in California. Energy produced by these systems is supplied under power purchase agreements (PPAs) to municipal, university, school, and hospital (MUSH) sectors, along with commercial and industrial (C&I) clients. The sites feature advanced battery energy storage systems (BESS), which enhance grid flexibility and stability amid increasing electricity demand.
Julia Bell, CleanCapital’s Chief Investment Officer, emphasized the strategic value of this acquisition: “It not only deepens our market presence in Massachusetts and California, but it also strengthens our expertise in managing storage assets—a vital component in ensuring grid resilience and energy security.”
Pacifico Energy’s Managing Director, Leon Persaud, highlighted the alignment between their asset development strategy and the rising demand for reliable distributed generation: “This transaction underscores the growing appeal of distributed infrastructure as a long-term investment in the clean energy transition.”
As U.S. electricity demand is projected to rise by 25% by 2030—driven by electrification, data center growth, and AI adoption—CleanCapital’s acquisition underscores its commitment to delivering reliable clean energy. The deal also supports broader goals of American energy independence and modernization.
