MarketPR
A commercial and industrial solar acquisition is in focus after Argo Infrastructure Partners closed on a portfolio purchase from owner-developer NuGen, a deal that pushes Argo's total C&I solar holdings to approximately 270 MW.
The two firms also formalized a new ongoing partnership alongside the close. Financial terms were not disclosed.
The transaction Argo picked up the solar portfolio from NuGen, which the announcement identifies as an owner-developer. The press release, dated July 9, carries a dual dateline: New York and Providence, R.I.
Argo frames the deal as consistent with its stated commitment to two areas: distributed generation and what the firm calls long-duration energy transition infrastructure.
Keep reading