ReneSola sells 70 MW solar projects to AB CarVal

ReneSola Power

ReneSola has closed the sale of a ~70 MW portfolio of solar development projects to funds managed by AB CarVal Investors.

The solar development portfolio consists of three ground-mounted projects in Pennsylvania located in the broader PJM transmission territory. The projects are being sold at the Notice to Proceed (NTP) stage, and AB CarVal will complete the construction and retain long-term ownership.