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					</table><a href="https://cleancapital.com/" target="_blank" rel="noopener">CleanCapital</a>, a U.S.-based independent power producer focused on distributed renewable energy, has sold a 120 MW solar project in Harrison County, Ohio, to <a href="https://www.energixrenewables.com/" target="_blank" rel="noopener">Energix Renewables</a>, an independent power producer that develops, constructs, owns, and operates renewable energy projects.
The financial terms of the transaction were not disclosed.
The project, named Nottingham, is located on a reclaimed coal strip mine. Originally developed by BQ Energy, the project became part of CleanCapital’s portfolio following its acquisition of BQ Energy in 2022.
“This transaction advances CleanCapital’s strategic focus on DG-scale solar and energy storage projects in growing markets,” stated Thomas Byrne, CEO at CleanCapital. “The sale of this development project will allow us to focus our in-house development resources on maximizing efforts to scale our DG portfolio across the U.S. We are pleased to partner with Energix Renewables on this transaction, as they have deep expertise in developing larger-scale solar projects that create long-term value for local communities, landowners, stakeholders, and the environment.”
The divestment supports CleanCapital’s strategy to focus on its core business of distributed generation solar and energy storage projects, while enabling Energix Renewables to expand its utility-scale solar portfolio in the U.S.
The transaction follows several recent financing and investment activities by CleanCapital. The company recently acquired a 7.7 MW energy storage joint venture, secured a $300 million HoldCo financing facility, and <a href="https://mercomcapital.com/cleancapital-secures-185-million-debt-private-placement/" target="_blank" rel="noopener">closed</a> a $185 million private debt placement, strengthening its position to support the development and management of distributed generation projects.
In 2025, CleanCapital <a href="https://mercomcapital.com/cleancapital-acquires-51-mw-solar-projects-from-greenbacker/" target="_blank" rel="noopener">acquired</a> a portfolio of 64 operating solar projects totaling 51.2 MW from Greenbacker, an energy-transition-focused investment manager and independent power producer, distributed across 13 U.S. states, including a diverse mix of rooftop and ground-mounted projects.
According to Mercom’s Annual and Q4 2025 Solar Funding and M&amp;A <a href="https://mercomcapital.com/product/annual-and-q4-2025-solar-funding-and-ma-report/" target="_blank" rel="noopener">report</a>, approximately 37.4 GW of solar projects were acquired in 2025, compared to 37.7 GW in 2024.

CleanCapital Sells 120 MW Solar Project in Ohio

OMV Petrom, an oil and gas company, has signed an agreement to <a href="https://cms.mercomindia.com/omv-petrom-acquires-solar-projects-romania/" target="_blank" rel="noopener">acquire</a> 710 MW solar projects in Romania from Danish developer Jantzen Renewables. The parks will be one of Southeast Europe’s most significant photovoltaic projects, powering the equivalent consumption of ~280,000 Romanian households annually.
Matrix Renewables, the TPG Rise-backed renewable energy platform, announced the <a href="https://cms.mercomindia.com/matrix-renewables-acquires-solar-project-texas/" target="_blank" rel="noopener">acquisition</a> of a 284 MW Stillhouse solar project in Texas from OCI Solar Power, a utility-scale solar project developer. The project is in the late stages of development, and its construction is slated to be completed by 2024, with commercial operations scheduled for 2025.
Endesa, a Spain-based electric utility company, has <a href="https://www.mercomindia.com/endesa-545-million-develop-4-8-gw-renewable-projects" target="_blank" rel="noopener">signed</a> sustainability-linked financing agreements worth €500 million (~$545.7 million) with Instituto de Crédito Oficial (ICO), a state-owned bank in Spain and the European Investment Bank (EIB) to finance the development of its 4.8 GW of renewable energy portfolio in the country.
Grenergy, an independent renewable power producer, <a href="https://grenergy.eu/wp-content/uploads/2023/07/NdP-3-INGLES-Financiacion-Chile-en-GB.docx-1.pdf?_gl=1*2c19d5*_up*MQ..*_ga*MjUwNTM0MDkxLjE2ODgzODIxMTU.*_ga_2FRD58T21S*MTY4ODM4MjExNC4xLjAuMTY4ODM4MjExNC4wLjAuMA" target="_blank" rel="noopener">secured</a> $148 million in green financing for the construction of the Gran Teno and Tamango solar projects located in Chile, with a combined capacity of 300 MW. The transaction was signed with French banks BNP Paribas and Societe Générale. This also includes other complementary credit lines. The transaction is structured as a Green Use of Proceeds loan with the funds used to finance renewable energy projects.
Energix Renewables, a U.S.-headquartered independent power producer, has <a href="https://www.mercomindia.com/energix-renewables-six-solar-projects-in-the-us" target="_blank" rel="noopener">closed</a> two project financing transactions totaling $520 million with Santander Corporate &amp; Investment Banking (Santander CIB) and Morgan Stanley Renewables to develop six utility-scale solar projects in the U.S. The financing deals involve a consortium led by Santander CIB, providing a construction and term loan facility of $260 million, while Morgan Stanley is acting as a tax equity investor with a commitment of $260 million.
Click <a href="https://cms.mercomindia.com/clean-energy-reports/" target="_blank" rel="noopener">here</a> for reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors.
Read last week&#8217;s project finance <a href="https://cms.mercomindia.com/project-finance-brief-edf-acquires-solar-portfolio-germany/" target="_blank" rel="noopener">brief</a>.

Project Finance Brief: OMV Petrom Acquires 710 MW Solar Projects in Romania

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					</table>From: <a href="https://mercomcapital.com/project-finance-brief-omv-petrom-acquires-710-mw-solar-projects-in-romania/" target="_blank" rel="noopener">Mercom Capital Group</a>
OMV Petrom, an oil and gas company, has signed an agreement to <a href="https://mercomcapital.com/omv-petrom-acquires-solar-projects-romania/" target="_blank" rel="noopener">acquire</a> 710 MW solar projects in Romania from Danish developer Jantzen Renewables. The parks will be one of Southeast Europe’s most significant photovoltaic projects, powering the equivalent consumption of ~280,000 Romanian households annually.
Matrix Renewables, the TPG Rise-backed renewable energy platform, announced the <a href="https://mercomcapital.com/matrix-renewables-acquires-solar-project-texas/" target="_blank" rel="noopener">acquisition</a> of a 284 MW Stillhouse solar project in Texas from OCI Solar Power, a utility-scale solar project developer. The project is in the late stages of development, and its construction is slated to be completed by 2024, with commercial operations scheduled for 2025.
Endesa, a Spain-based electric utility company, has <a href="https://www.mercomindia.com/endesa-545-million-develop-4-8-gw-renewable-projects" target="_blank" rel="noopener">signed</a> sustainability-linked financing agreements worth €500 million (~$545.7 million) with Instituto de Crédito Oficial (ICO), a state-owned bank in Spain and the European Investment Bank (EIB) to finance the development of its 4.8 GW of renewable energy portfolio in the country.
Grenergy, an independent renewable power producer, <a href="https://grenergy.eu/wp-content/uploads/2023/07/NdP-3-INGLES-Financiacion-Chile-en-GB.docx-1.pdf?_gl=1*2c19d5*_up*MQ..*_ga*MjUwNTM0MDkxLjE2ODgzODIxMTU.*_ga_2FRD58T21S*MTY4ODM4MjExNC4xLjAuMTY4ODM4MjExNC4wLjAuMA" target="_blank" rel="noopener">secured</a> $148 million in green financing for the construction of the Gran Teno and Tamango solar projects located in Chile, with a combined capacity of 300 MW. The transaction was signed with French banks BNP Paribas and Societe Générale. This also includes other complementary credit lines. The transaction is structured as a Green Use of Proceeds loan with the funds used to finance renewable energy projects.
Energix Renewables, a U.S.-headquartered independent power producer, has <a href="https://www.mercomindia.com/energix-renewables-six-solar-projects-in-the-us" target="_blank" rel="noopener">closed</a> two project financing transactions totaling $520 million with Santander Corporate &amp; Investment Banking (Santander CIB) and Morgan Stanley Renewables to develop six utility-scale solar projects in the U.S. The financing deals involve a consortium led by Santander CIB, providing a construction and term loan facility of $260 million, while Morgan Stanley is acting as a tax equity investor with a commitment of $260 million.
Click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a> for reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors.
Read last week&#8217;s project finance <a href="https://mercomcapital.com/project-finance-brief-edf-acquires-solar-portfolio-germany/" target="_blank" rel="noopener">brief</a>.

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