In July 2022, New Leaf Energy was formed by ECP to acquire and spin-off Borrego Solar’s development platform, which historically focused on distributed energy projects, both solar and storage. ECP is a leading infrastructure investor based in Summit, New Jersey, and has been investing across energy transition, electrification sustainability, and decarbonization infrastructure assets for nearly 20 years. The firm invests with the goal of powering a sustainable future, and has raised $27 billion in capital commitments since 2005. Their deeply experienced team has invested across numerous energy transitions, while partnering with businesses to drive innovation, generate growth, ensure reliability, and have a lasting impact. ECP primarily invests across five key asset classes: power generation, renewables, storage solutions, environmental infrastructure and sustainability, efficiency & reliability assets.