KDC Solar LLC, a Bedminster, N.J.-headquartered commercial solar developer and owner-operator, has formed a partnership with funds affiliated with Diamond Castle Holdings LLC, a New York-based private equity firm.
As part of the transaction, Diamond Castle will acquire KDC Solar and has allocated up to $225 million in equity capital to fund the growth of KDC Solar going forward. The entire executive management team will continue in their current roles with the company.Â
SOURCE: KDC Solar
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