A new report by Mercom Capital’s research wing indicates that total corporate funding and acquisitions of solar projects totaled $22.3 billion for the first three quarters, down 23% from the $28.9 billion raised in the same nine months of 2023.
The partnership includes a long-term supply agreement for a portfolio of equipment and materials such as solar PV panels, inverters, transformers and batteries.
The majority stake for Westwood Professional Services builds on Blackstone's $1.3 billion investment in energy transition and renewable energy project technologies.
