Ecoplexus Inc., a leading renewables developer and Independent Power Producer, has sold partial equity interests in the 50MW, California-based Distributed Generation (CA-SUN) portfolio and the 50MW Minnesota-based Community Solar Garden (MN-SUN) portfolio to Harrison Street, an alternative investment management firm.
CohnReznick Capital served as exclusive financial advisor to Ecoplexus on the transaction.
Britta von Oesen, Managing Director at CohnReznick Capital, said, “We are pleased to work with Ecoplexus, a leading developer of DG, CSG, and utility-scale solar projects throughout the U.S., in forming this partnership with Harrison Street.”
For additional details on this transaction, please contact:
Britta von Oesen
About Ecoplexus Inc.
Ecoplexus is a leading international, integrated renewable energy and energy storage developer, owner, and operator with a proven record of development, growth and profitability. Since its establishment in 2008, Ecoplexus has expanded its presence to 6 countries and has developed and deployed 70+ solar facilities worldwide and closed financing transactions in excess of $825 million.
About Harrison Street
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. Since inception in 2005, the firm has created a series of differentiated investment solutions focused on demographic-driven, needs-based assets. The firm has invested across senior housing, student housing, healthcare delivery, life sciences and storage real estate as well as social and utility infrastructure. Headquartered in Chicago with an office in London, the firm has more than 185-employees and approximately $30 billion in assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe and Asia. Harrison Street has been awarded Best Places to Work by Pensions & Investments for the last seven consecutive years and was named 2019 North American Alternatives Investor of the Year by PERE. For more information, please visit www.harrisonst.com.