Marathon Capital advises Heelstone Energy on a 194 MW solar portfolio

Written By: Katherine Demetre
August 17, 2017

marathon-capital solar portfolio

On Aug. 17, 2017, Marathon Capital announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings to Sammons Renewable Energy.

Will Owens, Member of the Board of Managers and Managing Director of Heelstone, commented:

We are confident that the portfolio has found an ideal long-term home with SRE. As we look to the future, we are well positioned with our current pipeline to develop and bring additional solar PV projects to completion. On behalf of the entire Heelstone team, I would like to thank Marathon Capital for their advice, expertise, and a job well done.

Per the company, Heelstone would continue to provide asset and operations management services to SRE for the 194 MW (DC) utility-scale solar portfolio, with Marathon Capital as the exclusive financial advisor to Heelstone on the sell-side process.