 | |
| Industry | Renewable energy, Solar energy, Retail electricity |
|---|---|
| Founded | 2012 |
| Headquarters | Washington, D.C., United States |
Key people |
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| Website | cleanchoiceenergy |
CleanChoice Energy is an American energy company that supplies clean energy to consumers and owns and operates solar power facilities. [1] [2] The company was founded in 2012 in Washington, D.C., as a retail electricity supplier. [1]
In 2012, the company was founded in Washington, D.C., by Tom Matzzie, as Ethical Electric. [3] In 2016, the company changed its name to CleanChoice Energy. [4]
In April 2023, True Green Capital Management acquired a majority stake in the company. [5] The transaction included an equity investment of $100 million to support the company’s ownership, operation, and expansion of its solar projects across multiple states. [1]
In November 2023, CleanChoice Energy acquired a 25.2 MW solar project in Franklin County, Pennsylvania, marking its first fully owned and operated facility. The project, located on a 168-acre site and capable of supplying electricity for approximately 4,500 homes, became interconnected with the PJM electric grid in December 2024. [6]
In October 2024, the company announced the acquisition of its second fully owned and operated solar project located in Kylertown, Pennsylvania, with a planned capacity of 29.42 MW. [7]
In June 2025, CleanChoice Energy announced the acquisition of two solar projects in New York, located in Washington County and Rensselaer County. When completed, the solar projects will generate a combined 54.2 MW of clean electricity. [7] [8]
In June 2025, CleanChoice Energy launched a scholarship called the Flywheel Future Scholarship. During the first four years of operation for each of its solar projects, the company plans to award a scholarship to a graduating senior from the local school district to support their college or vocational education. [9] [10]