strata clean energy Acquiring Phoenix, Arizona Crossover Energy Partnersis a developer of utility-scale renewable energy projects. The acquisition will expand Strata’s offerings to include Crossover’s customer development and power offtake capabilities, as well as other renewable energy services, including the development of new technologies such as decarbonization and green hydrogen.
Joshua Rogol, Strata Chief Development Officer, said: “The Crossover team has a clear track record of innovative product development and financing of differentiated power supply structures. will be of value.”
Strata leverages Crossover’s experience in large-scale project development, working with local governments, electric cooperatives, community choice aggregators, investor-owned utilities, and industry associations to develop utility-scale solar and storage projects. will be pursued.
“Our crossover track record demonstrates the importance of product design and offtake initiation to maximize the value of renewable projects. It’s a win and an evolution that our entire team is looking forward to.”
Details of the acquisition remain private, but Strata will purchase a 100% stake in Crossover’s assets and development platform.
Announcement from Strata Clean Energy