SDCL invests in Blackstone’s Onyx Renewable Partners, acquires 175 MW portfolio

24 December 2020 - 12:00 am UTC

SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire a 50% stake in New York-headquartered Onyx Renewable Partners from funds managed by Blackstone.

The London-headquartered, SDCL-managed vehicle has also announced today an agreement to acquire 100% of four solar and energy storage portfolios totalling more than 175 MW from Onyx.

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SDCL invests in Blackstone’s Onyx Renewable Partners, acquires 175 MW portfolio

SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire a 50% stake in New York-headquartered Onyx Renewable Partners from funds managed by Blackstone.