Partners Group buys Dimension Renewables

Partners Group has acquired a controlling equity stake in Dimension Renewable Energy.

Dimension is focused on originating and operating community solar and battery storage facilities across the US and has developed a pipeline of over 180 projects totaling over 800 MWs of solar capacity, and over 800 MWhs of battery storage across eight states.  Partners Group says it aims to grow Dimension into a more than USD 1 billion platform and one of the largest community solar operators in the US.

Todd Bright, Partner, Head Private Infrastructure Americas, Partners Group, says: “Dimension represents an excellent fit for our transformational investing strategy given the scope to grow the platform into a leading independent power producer that will build, own and operate solar projects, capturing the benefits of scale in the distributed generation space. The highly fragmented nature of the community solar market in the US, as well as Partners Group’s extensive experience building platform assets, allows for significant potential to add to Dimension’s organic pipeline through project-level M&A.”