Perch Energy and Arcadia Unite for Community Solar Growth
Deal News | Mar 12, 2025 | Arborview Capital LLC
In a significant move within the renewable energy sector, Perch Energy and Arcadia's community solar division have merged to establish a new venture. This strategic merger is designed to amplify their capabilities in managing and expanding community solar initiatives. The combined entity is expected to oversee over 3 gigawatts (GW) of solar capacity, with services spanning 16 states and involving collaboration with 90 solar developers. Arborview Capital LLC, a noted private equity firm, is the financial backbone supporting this venture. The merger highlights a consolidation trend within the industry as companies seek to maximize efficiencies and broaden their footprint in the rapidly expanding community solar market.
Sectors
- Renewable Energy
- Private Equity
Geography
- United States – The merger affects solar capacity management across 16 states in the United States, indicating a broad geographical impact within the country.
Industry
- Renewable Energy – The merger between Perch Energy and Arcadia's community solar subsidiary is a key event in the Renewable Energy sector, reflecting growing trends in community solar projects.
- Private Equity – Arborview Capital LLC's involvement as the supporting private equity firm underscores the role of private equity in facilitating renewable energy transactions and expansions.
Financials
- 3 GW – The combined solar capacity managed by the newly formed entity post-merger.
Participants
Name | Role | Type | Description |
---|---|---|---|
Perch Energy | Target Company | Company | A company involved in the management and execution of community solar projects, now in a merger with Arcadia's solar subsidiary. |
Arcadia's Community Solar Subsidiary | Selling Company | Company | Arcadia's division focused on community solar projects, now merged with Perch Energy. |
Arborview Capital LLC | Private Equity Firm | Company | The private equity firm providing financial backing for the merger between Perch Energy and Arcadia's community solar subsidiary. |