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The acquisition will allow the California company to expand its commercial/industrial portfolio, while Greenskies receives an infusion of cash.

December 20 (Renewables Now) - Clean Focus Yield Ltd, a renewables owner backed by Taiwan’s Neo Solar Power Corp (TPE:3576), has acquired US solar power company Greenskies Renewable Energy LLC.

Clean Focus Yield Limited and its affiliates have purchased Greenskies Renewable Energy — making Clean Focus the owner and operator of the largest commercial and industrial (C&I) portfolio in the US.

Greenskies Renewable Energy LLC, a Connecticut-based developer of commercial and industrial (C&I) solar projects, has been purchased by California-based Clean Focus Yield Ltd., an integrated group of renewable energy companies with global reach. Financial details of the deal were not disclosed.

Solar energy company Greenskies Renewable Energy has been purchased by California-based Clean Focus Yield Limited, officials with the two companies said Tuesday.

Greenskies Renewable Energy and its affiliates have been purchased by Clean Focus Yield Limited and its affiliates, an integrated group of renewable-energy companies with global reach.

Middletown-based Greenskies Renewable Energy, which has been called the most prolific solar developer in Connecticut, has been purchased by Sunnyvale, Calif.-based Clean Focus Yield Limited, a group of renewable-energy companies.