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M&A Deal Summary

Standard Solar Acquires Cenergy Power - Two Community solar projects

On November 18, 2025, Standard Solar acquired renewable energy company Cenergy Power - Two Community solar projects from Cenergy Power

Acquisition Highlights
  • This is Standard Solar’s 2nd transaction in the Renewable Energy sector.
  • This is Standard Solar’s 2nd transaction in the United States.
  • This is Standard Solar’s 1st transaction in Illinois.

M&A Deal Summary
Date 2025-11-18
Target Cenergy Power - Two Community solar projects
Sector Renewable Energy
Buyer(s) Standard Solar
Sellers(s) Cenergy Power
Deal Type Divestiture

Target

Cenergy Power - Two Community solar projects

Illinois, United States
Cenergy Power's Two Community solar projects are the Worden project in Worden, Illinois, is a 6.7-megawatt (MW) single-axis tracker community solar array expected to generate approximately 11,060 megawatt-hours (MWh) of clean energy in its first year of operation. The Zion Park District project, a 2.4 MW ground-mounted community solar array located in Zion, Illinois, is projected to produce 3,529 MWh of energy annually. Together, the projects will deliver nearly 15,000 MWh of renewable energy per year.

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Buyer(S) 1

Buyer

Standard Solar

Rockville, Maryland, United States
Category Company
Founded 2004
Sector Renewable Energy
DESCRIPTION

Standard Solar, Inc. is a solar energy company specializing in the development and financing of solar electric systems nationwide. Dedicated to making Distributed Generation (DG) solar more accessible to businesses, institutions, governments and utilities, the company is forging the path for clean, renewable energy development through turnkey solutions.

DEAL STATS #
Overall 2 of 2
Sector: Renewable Energy M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 Knox Solar + Storage Project

San Diego, California, United States

Knox Solar + Storage Project is expected to generate approximately 1,872 MWh of clean energy. Knox Solar + Storage Project is based in San Diego, California.

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Seller(S) 1

SELLER

Cenergy Power

Aliso Viejo, California, United States
Category Company
Founded 2006
Sector Renewable Energy
DESCRIPTION

Cenergy Power is a commercial-scale solar developer and EPC (engineering, procurement and construction) firm that also owns and operates distributed-generation and small utility-scale solar projects. Cenergy Power was founded in 2006 and is headquartered in Aliso Viejo, California.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
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