Aligned Climate Capital has acquired Armoracia, a 7.3-MWDC community solar project in Collinsville Township, Illinois, that will deploy a high-density, terrain-following solar racking to reduce land use. Armoracia will serve subscribers through the Illinois Adjustable Block Program on the Ameren Illinois grid and is expected to reach commercial operation later this year.
Credit: Planted
Planted produces a dual-tilt solar racking system that reduces or removes the need to grade land for installation. It features a shorter profile than traditional pile-driven ground mounts and is supported by the company’s design platform.
“This acquisition matters because it helps establish Planted’s platform as financeable infrastructure at commercial scale. Their platform is built for land-efficient deployment, making solar work on sites where conventional approaches would require significantly more land,” said Peter Davidson, CEO of Aligned Climate Capital. “Until now, developers have had a limited ability to commit a real pipeline to Planted projects without an institutional buyer prepared to finance construction and own the assets. Aligned’s acquisition of Armoracia helps solve that problem and creates a financing precedent for the technology at commercial scale.”
The Armoracia community solar project is being built on 16 acres and will not require site grading. Aligned acquires distributed solar and energy storage projects and manages them for the long term.
“Community solar runs on tight land budgets and execution certainty,” said Eric Brown, CEO of Planted. “Armoracia puts 7.3 MW on 16 acres and leaves the land usable long after the array’s life. That’s the kind of outcome Aligned’s holistic approach makes available to the broader community solar market.”
News item from Aligned Climate Capital
