​DSD Enters Minnesota Market with 11.3 MW Community Solar Portfolio Acquisition

DSD Renewables has acquired a seven project, 11.3 MW portfolio of community solar panels that span six Minnesota cities. The acquisition marks DSD’s first venture in Minnesota, expanding its footprint of assets to 22 states across the nation.

Sixteen of the seven sites will have 100% residential offtake, and will serve more than 600 residents. The seventh project will have a 100% commercial offtake. The seven projects are expected each year to produce 17,073 megawatts of clean energy.

“We are thrilled to be entering a new market with such a strong portfolio of community solar projects that will bring affordable renewable energy to a large swath of Minnesotans,” says Andrew Thurston, director of asset acquisitions at DSD.

DSD will be the long-term operator and owner of the sites. They are expected to be operational in the second quarter 2023. Common Energy will manage customer acquisitions and subscriptions for this portfolio.

“Minnesota’s community solar program is widely recognized as a leader in terms of installed capacity, and DSD looks forward to additional opportunities to streamline and expand that impact,” adds Joe Rosenberg, DSD’s director of business development.