Onyx Renewable Partners L.P. (“Onyx”), a leader in the development and finance of commercial and industrial (“C&I”) and small scale utility solar projects in North America, today announced it has closed a deal to acquire a portfolio of C&I assets from SunEdison. The portfolio consists of assets in California, Arizona, Massachusetts, and Vermont. “We are excited to further advance our C&I footprint with this broad array of projects”, says Matt Rosenblum, CEO of Onyx. The companies expect this to be the first of several closings.
Onyx is a renewable energy development company established by funds managed by Blackstone Energy Partners that is focused on greenfield development in the North American solar and wind sectors. The Onyx team brings over 250 years of collective industry experience and perspective, having developed more than 1 GW of renewable projects. As a full service firm with capabilities including development and construction through financing and operations, Onyx is able to provide creative solutions to large energy users and land owners in North America. Onyx prides itself on its ability to bring together exceptional talent with deep industry knowledge to solve challenging issues for clients looking to maximize renewable power generation. Onyx is headquartered in New York City.