Morgan Stanley Energy Partners announced that they have completed an investment in Alpharetta, Georgia-based SolMicroGrid (“SolMicroGrid” or the “Company”). This strategic partnership will support the growth of SolMicroGrid's business, which offers innovative microgrid solutions through an Energy-as-a-Service (“EaaS”) business model. SolMicroGrid is a developer and operator of microgrid systems for commercial and industrial customers throughout North America.

SolMicroGrid's senior management team, led by Matthew Ward and Joyce Bone, has significant technical and operational microgrid and environmental services experience. The partnership with MSEP provides the Company with resources to accelerate the development of its assets, capabilities, and product offerings to its commercial and industrial customers. A portion of the proceeds from MSEP's investment will go to support the initial deployment of SolMicroGrid's solar-enabled microgrid systems to certain commercial and industrial customer locations in California.

The microgrids will help protect those locations from power outages while providing cost-effective, renewable power.