SAN FRANCISCO — August 26, 2025 — Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, has acquired a portfolio of 10 net energy metered (NEM) ground-mounted projects from Prospect14, a Pennsylvania-based solar energy developer.
The projects in the Goldenrod Portfolio are located in the Pennsylvania counties of Clearfield, Centre, Greene, Berks, Juniata, Snyder, and Columbia. Already in the early to middle stages of development, the projects are expected to be completed in 2027. The projects range in size from 3.51 MWdc to 4.2 MWdc, for a total of 38.13 MWdc.
“Renewable Properties is pleased to partner with Prospect14 on this acquisition as part of our ongoing commitment to advance renewable energy in Pennsylvania and across the U.S.,” said Aaron Halimi, Founder and President of Renewable Properties. “Distributed solar projects like these provide local environmental benefits as well as creating local jobs, generating local tax revenue, and strengthening distribution grid reliability.”
With this portfolio acquisition, Renewable Properties is significantly expanding its presence in Pennsylvania, which is increasingly embracing solar as energy demand in the state soars on the heels of rapid AI and data center expansion.
“The acquisition of this portfolio reinforces the growing demand for distributed solar generation in Pennsylvania and the ability to finance NEM solar projects,” said Brendan Neagle, President of Prospect14. “We are proud to work with Renewable Properties to make the benefits of distributed solar a reality in our home state. We look forward to our continued partnership with Renewable Properties and other transactions in Pennsylvania and beyond.”
As the solar industry evolves, Renewable Properties and Prospect14 have built strong foundations that will enable each company to continue expanding solar and storage across the U.S. The 38.13 MW of projects in the Goldenrod Portfolio are now part of Renewable Properties’ growing pipeline of over 1.5 GW of solar and energy storage projects under development.
About Renewable Properties
Founded in 2017, Renewable Properties specializes in developing and investing in small-scale utility, community solar, energy storage, and EV infrastructure projects, throughout the U.S. Led by experienced renewable energy professionals with development and investment experience, Renewable Properties is active in 16 states and has over 1.5 GW of solar and energy storage under development with over 250 MW under construction or in operation. Renewable Properties works closely with communities, developers, landowners, utilities, and financial institutions looking to invest in solar energy systems. For more information about Renewable Properties, visit www.renewprop.com.
About Prospect14
Founded in 2017 and headquartered in Ardmore, Pennsylvania, Prospect14 focuses on the scaled origination and development of renewable energy in multiple markets in the United States. Since its inception, Prospect14 has originated more than 6.5 GW of solar and solar + storage projects. For more information, please visit www.prospect14.com.
