Strata Clean Energy, the North Carolina-based clean energy generation and storage developer, has acquired Phoenix-based Crossover Energy Partners, according to a press release.
Crossover offers Strata customer origination and power offtake competencies and proficiencies in the development of new technologies like green hydrogen. The company develops end-to-end energy transition products for utilities and large energy users.
The combining of these platforms grows Strata’s development pipeline to more than 15 GW.
Strata is purchasing 100% of Crossover’s assets and interest in its development platform. CEO Sabino Dias and President Michael Grunow will take on senior roles within Strata, and all Crossover employees will merge with the Strata platform.
