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Alliance News: SDCL Acquires an Extra 15% Stake in Primary Energy
Industrial/ 04 January 2021SDCL Energy Efficiency Income Trust PLC – investor in energy efficiency sector – Buys further 15% stake in Primary Energy from a consortium led by privately-owned investment firm Fortistar LLC for USD36 million. Primary Energy is a 298 megawatt portfolio of recycled energy and co-generation projects in the US state of Indiana. In addition to the initial 50% interest purchased in February 2020, SDCL now holds a 65% stake.