Cypress Creek announces close of sale to EQT
New chapter centers around our mission of Powering a Sustainable Future, One Project at a Time
Cypress Creek Renewables is pleased to share that EQT Infrastructure’s acquisition of Cypress Creek Renewables has closed. EQT is now the sole owner of Cypress Creek, a leading vertically integrated renewable energy platform.
With EQT Infrastructure’s solid backing, Cypress Creek will accelerate its role in creating and operating projects to support the energy transition. We will continue to expand and differentiate our solar and energy storage Development and O&M Services businesses, while also growing our Fleet, with a focus on operational excellence and continuous improvement.
“We now enter a new and exciting chapter for Cypress Creek at a time of national focus on climate change action and dramatic growth for the renewable energy industry,” said Sarah Slusser, CEO of Cypress Creek Renewables. “With EQT, we are pleased to have a partner enthusiastically aligned with our mission of powering a sustainable future, one project at a time.”
Cypress Creek operates across 25 states and owns a 1.6GW operating fleet. We have grown to be one of the largest solar O&M service providers with over half our 3.8GW portfolio managed on behalf of more than a dozen customers. Our experience and expertise across a project’s entire lifecycle make us better solar and energy storage developers, operators, and owners.
The photo above is of a 75MW solar project owned and operated by Cypress Creek in North Carolina.
About Cypress Creek Renewables
Cypress Creek Renewables is a leading renewables developer and independent power producer. It develops, finances, owns, and operates utility-scale and distributed solar and energy storage projects across the United States with a mission to power a sustainable future, one project at a time. Since inception, Cypress Creek has developed 12GW of solar projects. Today it owns more than 2GW of solar and has a more than 20GW solar and storage pipeline. Cypress Creek’s leading O&M services business, Cypress Creek Solutions, operates and maintains more than 4GW of solar projects for customers across 24 states.