Ballast Rock Supports Sol Source Power with Development Capital for Illinois Community Solar Projects
ARTICLE SUMMARY
Ballast Rock provided development capital to Sol Source Power to support a portfolio of community solar projects in Illinois, reinforcing its strategy of investing in distributed renewable energy infrastructure.
The financing will help advance multiple Illinois community solar projects through development and construction, expanding access to clean energy for local residents and businesses.
These projects are designed under community solar models, allowing subscribers to benefit from renewable power and lower electricity costs without installing panels themselves.
The partnership aligns with broader market trends, where private capital is accelerating solar deployment, supporting grid resilience, job creation, and state-level clean energy goals in Illinois.
* Ballast Rock Asset Management (“BRAM”), Ballast Rock Private Wealth (“BRPW”), and Ballast Rock Capital (“BRC”) are operating entities of Ballast Rock Holdings (“BRH"), an integrated investment management company. Ballast Rock Asset Management is a non-registered entity. Ballast Rock Real Estate is a wholly owned subsidiary of BRAM. BRPW is a registered investment advisor. BRC is a registered Broker dealer and a MEMBER of FINRA / SIPC. BRC’s registered head office is 460 King Street, Suite 200, Charleston, SC, 29403. Tel: 800-204-2513. To check background information about BRC and its representatives, visit FINRA’s BrokerCheck. Please see important disclosure information in our Form CRS