Dispatch Energy, headquartered in New York, announced the acquisition of Green Lantern Solar, a community and commercial solar developer in Vermont. Dispatch Energy， Established in 2024, it will acquire over 64 solar and battery energy storage projects at different stages of development and operation from GLS, totaling 208.9 MW DC.

This acquisition expands Dispatch's business presence in the growing distributed generation market in Georgia, Maryland, West Virginia, New York, New Hampshire, Vermont, Maine, Minnesota, and Wisconsin.

Dispatch remains committed to the energy transition, and we are pleased to welcome Green Lantern's team, operations, and assets to our portfolio, "said Richard Dovere, CEO of Dispatch Energy. We are proud to have the opportunity to acquire this excellent business led by its founder

Dispatch will acquire all of Green Lantern's businesses, including operational and early-stage development assets, as well as its operations and maintenance services business.

This acquisition provides excellent results for GLS shareholders and employees, "said Luke Schulenburg, founder and CEO of Green Lantern Solar. We appreciate the execution oriented approach of the Dispatch Energy team and believe that under their leadership, the business will continue to grow in the future