Carlyle purchases stake in Aspen Power Partners for $350m

Aspen Power Partners, a US-based solar energy company, has sold a “significant” stake in itself to funds managed by global investment firm Carlyle for $350 million. Aspen plans to use the sale’s revenues to further its organic and acquisition-driven growth strategies in the community, multifamily, and commercial and industrial (C&I) solar and storage markets.

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