A Green Lantern solar project.
New York-based Dispatch Energy announced the acquisition of Vermont community and commercial solar developer Green Lantern Solar. Dispatch Energy, founded in 2024, will acquire over 64 solar and battery storage projects from GLS at various stages of development and operations, totaling 208.9 MWDC.
This acquisition expands Dispatch’s footprint in the growing distributed generation market across Georgia, Maryland, West Virginia, New York, New Hampshire, Vermont, Maine, Minnesota and Wisconsin.
“Dispatch remains committed to the energy transition and we are excited to welcome Green Lantern’s team, operations and assets into our portfolio”, said Richard Dovere, CEO of Dispatch Energy. “We are proud to have the opportunity to acquire this excellent founder-led business.”
Dispatch will acquire 100% of Green Lantern’s operations, including operating and early-stage development assets as well as its O&M services business.
“This acquisition provides an excellent result for GLS shareholders and employees,” said Luke Shullenberger, founder and CEO of Green Lantern Solar. “We appreciate the execution-oriented approach of Dispatch Energy’s team and believe that the business will continue to grow under their leadership into the future.”
News item from Dispatch Energy
