Renewables, Solar

Sustainable Power Group, Silverado Power merge to create solar company

Silverado Power completed a merger with independent solar power producer, Sustainable Power Group.

Under the merger, the new company, called sPower, will focus on completing the development of its 400-MW portfolio of solar photovoltaic (PV) projects; partner with developers to finance renewable energy projects; purchase renewable energy operating projects; and provide operations to renewable projects.

The Salt Lake City-based company owns and operates more than 100 solar PV facilities nationwide.

Read more mergers and acquisitions news