South Jersey Industries to sell solar assets for $350M

|About: South Jersey Industries Inc. (SJI)|By:, SA News Editor

South Jersey Industries' (NYSE:SJI) Marina Energy unit agrees to sell its portfolio of solar energy assets to an entity managed by Goldman Sachs for $350M, including $62M in solar renewable energy credits.

The sale includes 76 distributed solar energy projects located at 143 sites across New Jersey, Maryland, Massachusetts and Vermont with total capacity of 204 MW.

Subscribe for full text news in your inbox