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Capitol Heights, MD [October 29, 2025] - Today, Summit Ridge Energy, the nation's leading commercial solar company, Invesco Real Estate, the USD 83bn global real estate investment business of Invesco Ltd. (NYSE: IVZ), and Black Bear Energy, a commercial buyer’s representative specializing in onsite renewable energy and cleantech services, celebrated the completion of five rooftop community solar projects in Capitol Heights, Maryland. Totaling 4.7 MW, the projects are hosted on five industrial buildings owned by Invesco Real Estate. Three of the sites are planned to be energized by the end of October, with the remaining two set to come online by year end.
The five projects are part of the Maryland Community Solar Program, which provides low-cost renewable energy to local residents. Developed and owned by Summit Ridge Energy, these sites will generate over 6 million kWh of electricity annually, the equivalent of powering more than 600 homes each year. In addition to delivering affordable, locally generated energy, the projects create local jobs during construction and maintenance, generate new tax revenue for Prince George’s County, and strengthen Maryland’s electric grid with reliable distributed generation. Together, these efforts support the state’s renewable energy goals and advance American energy independence.
"These projects are a great example of what can be accomplished through strong collaboration," said Nate Greenberg, SVP of Business Development at Summit Ridge Energy. "Partnering with Invesco Real Estate and Black Bear Energy, we’ve transformed unused rooftop space into productive solar assets that deliver energy savings to Maryland residents, while creating local economic benefits and strengthening the grid. Together, we’re advancing American energy independence one project at a time."
“We’re pleased to support the deployment of community solar across our Maryland industrial portfolio,” said Steven Morris, Investment Manager at Invesco Real Estate. “These projects reflect our commitment to long-term value creation and supporting the broader sustainability goals of Maryland.”
“Black Bear is thrilled to work with these two fantastic partners to deliver community solar projects in Maryland that mark a significant step toward a cleaner, more resilient energy future,” said Drew Torbin, Founder and President of Black Bear Energy. "Invesco’s leadership paired with Summit Ridge Energy’s expertise in solar development were critical in making these projects a reality. Projects like these set the stage for a future where renewable energy is seamlessly integrated into our built environment, delivering benefits to property owners and local communities.”
About Summit Ridge Energy
As the nation’s leading commercial solar company, Summit Ridge Energy merges financial innovation and industry-leading execution to deliver locally generated energy via a more resilient and secure electric grid. This has made Summit Ridge one of the fastest-growing energy companies in America, with over 2GW of solar power operating and in development.
Since launching in 2017, Summit Ridge has raised over $5B in project capital to finance 200+ solar facilities, providing energy savings to more than 42,000 homes and businesses while contributing to American energy independence. Learn more at srenergy.com and connect with us on LinkedIn.
About Invesco Ltd.
Invesco Ltd. (Ticker NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed USD 1.8tn in assets on behalf of clients worldwide as of December 31, 2024. For more information, visit www.invesco.com/corporate.
About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with $83 billion in real estate assets under management, 603 employees and 21 regional offices across the U.S., Europe and Asia Pacific as of March 31, 2025. With over a 40-year history, Invesco Real Estate invests across the risk return spectrum, from core to opportunistic; in equity and debt; listed and direct; locally and globally. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd.
About Black Bear Energy
A Legence Company (Nasdaq: LGN), Black Bear Energy is a technology-enabled, commercial buyer’s representative specializing in onsite renewable energy and cleantech services. In the past ten years, Black Bear has helped its clients bid out over 2,000 clean technology projects in more than 20 states through its data-driven process. For more information about Black Bear Energy, visit BlackBearEnergy.com.

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