Terms of the transaction has not been disclosed.
Silicon Ranch currently operates 52 MW of solar power assets in the U.S. In addition, Silicon Ranch has near-term and long-term development projects representing more than 200 MW of generation capacity.
The two largest solar facilities within the operating asset portfolio include the:
Jeff Mouland, executive director of the Greystone Infrastructure Fund, stated:
Greystone's partnership with Silicon Ranch provides a unique opportunity for our investors to gain long-term strategic exposure within the North American renewable energy sector.
Matt Kisber, president and CEO of Silicon Ranch, commented:
Greystone's investment in Silicon Ranch provides a strong, global financial partner to support the rapid growth of our solar generation portfolio. Their experience in the infrastructure industry will be valuable as Silicon Ranch continues to expand into new markets.