Energy & Science

Carlyle Group Commits $100 Million to New Solar Initiative

  • Firm partnering with Alchemy Renewable to buy projects
  • Unit to focus on projects between 5 megawatts and 80 megawatts

     

Photographer: Laura Segall/Bloomberg
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Carlyle Group Inc. is committing $100 million toward a new solar initiative.

The Washington-based firm is partnering with clean-power company Alchemy Renewable Energy to develop, buy, finance and operate solar projects in the U.S.