The companies did not release financial terms of the transaction, which includes an operating solar facility in southern New Jersey and Lincoln’s development and asset management platforms.

Lincoln says it has a robust development pipeline and plans to deploy $250m in equity investments through 2018.

“Lincoln’s operational experience and track record, combined with I Squared Capital funding and expertise, positions Lincoln to become a premier renewables generation company in the US,” says Adil Rahmathulla, Partner at I Squared Capital, with headquarters in New York City.

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