Denham Capital closed acquisition of Solops
Denham Capital has announced to close the purchase agreement with Solops.
According to the terms of the agreement, Denham has purchased Solops and will make a first commitment of US$200 million USD to support the company's growth, including the execution of the 800+ MW pipeline of project investments held by Solops. This deal, which intends to supply inexpensive solar energy, is in line with Denham's Environmental, Social, and Governance (ESG) framework.
The transaction is aligned with Denham’s Environmental, Social, and Governance (ESG) framework, and aims to provide affordable solar energy, regardless of whether customers have a roof or land suitable for solar panels.
The Solops management team has extensive business and industrial experience. It has developed and built over 3 GW of C&I solar across 29 states and closed on financings totaling more than US$2.1 billion.
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