Ares buys majority of Conti Solar

Ares Management LP has acquired a majority stake in Conti Solar. Financial terms weren’t announced. The Conti Group will have a minority. Conti Solar, of Edison, New Jersey, is a renewable energy development, engineering, procurement, and construction company. The investment in Conti came from Ares EIF, the power and energy infrastructure strategy in the private equity group at Ares Management.

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