Safari Energy Acquires Six Solar Projects From ECA Solar in Massachusetts

Solar projects in Eversource territory expand the asset acquisition portfolio of Aspen Power, the leading distributed energy generation platform that acquired Safari Energy in November 2022.

NEW YORK AND BOSTON, September 1, 2021 – Leading solar company Safari Energy announced that it has acquired a portfolio of six solar projects located in the Greater Boston area from Waltham, MA-based ECA Solar. ECA Solar developed the projects and provided turnkey engineering, procurement, and construction (EPC) services. Safari Energy closed on the acquisitions when they reached the latter stages of development.

The portfolio is made up of rooftop solar systems, a solar carport canopy and ground-mounted solar panels. The systems are expected to produce as much as 5.6 million kilowatt-hours of electricity per year, avoiding nearly 4,000 metric tons of carbon dioxide emissions annually, or the equivalent CO₂ emissions from 726 homes’ electricity use for one year, nearly 10,000 barrels of oil consumed, or more than 486 million smartphones charged.

“Building scale and velocity with this Massachusetts renewable energy portfolio was only possible with the support and expertise of the Safari Energy team. Their track record and communications made the closings a seamless process,” said Todd Fryatt, President, ECA Solar.

The portfolio that Safari Energy acquired includes three solar systems in Canton, two in Sharon and one in Woburn, Massachusetts, all of which are areas served by Eversource. The projects benefit from the SMART incentive program available in Massachusetts, which incentivizes renewable energy generation. ECA Solar also has projects in development in Colorado, Rhode Island and Pennsylvania.

Safari Energy recently announced that the company’s 500^th developed or acquired project is a 2 MW solar system that Safari owns located at Chevron U.S.A. Inc.’s San Joaquin Valley Business Unit’s offices in Bakersfield, California. To date, Safari Energy has acquired 116 solar projects in 8 states nationwide, totaling more than 150 MW in capacity.