Captona and South Jersey Industries have acquired a 5.66 MW Solar and 5.2MWh Storage facility in Agawam, Massachusetts through Catamaran Renewables joint venture.

With this investment, Catamaran broadens its technology composition and surpasses its growth expectation.

“Captona’s partnership with South Jersey Industries continues to push the boundaries of the energy transition as we add new technologies to our fleet,” said Izzet Bensusan, Captona’s founder. “We are excited for what 2022 has in store for our partnership as Catamaran continues to invest in and grow our Renewable Energy & Clean Fuel portfolio.”