[Solar: GIP to acquire majority stake in Summit Ridge Energy]

Published: Jul 22, 2026 16:28

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Global Infrastructure Partners, part of BlackRock, has agreed to acquire a majority and controlling stake in US commercial solar company Summit Ridge Energy. Founded in 2017, Summit Ridge develops, owns and operates commercial solar and energy storage projects across the Midwest, Mid-Atlantic and New England, with a portfolio of more than 3GW of operating and development-stage assets. GIP said the investment will help Summit Ridge expand its solar and battery storage pipeline and strengthen project acquisition capabilities.

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