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    Home > News > Power News > News Article

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    Innovative Solar Systems to Sell Itself


    January 20, 2022 - Marketline - Deals

     

      Deal In Brief

      Innovative Solar Systems, LLC, a developer of utility scale ground mounted solar farms, has agreed to sell its part or an entire equity stake

      Innovative Solar Systems is targeting an equity sale to facilitate an ownership transition from its founders and to access capital for further project development activities

      ISS’s pipeline consists of around 250 early stage projects in more than 20 US states, and it offered for sale two plants in Texas with a combined capacity of 425 MWac that are both expected to be shovel ready in 2022.

      Deal Type Acquisition
      Sub-Category Minority Acquisition
      Deal Status Announced: 2022-01-19

      Deal Participants

      Target (Company) Innovative Solar Systems, LLC
      Acquirer (Company) Undisclosed Company

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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