Radial Power Leads Market with First Completed Projects Under Austin Energy's Solar Standard Offer Program
Radial Power, a national leader in distributed solar solutions for commercial and industrial real estate, today announced the commissioning of two new rooftop solar projects—Tuscany 6 (446.6 kWDC) and Tuscany 9 (855.8 kWDC)—developed under Austin Energy's Solar Standard Offer (SSO) program. Together, the systems add more than 1.97 GWh of clean, locally produced solar energy to the Austin grid annually.
Both projects qualify for the Investment Tax Credit (ITC) as well as the domestic content bonus adder, reflecting Radial Power's commitment to deploying high‑quality U.S.‑manufactured components whenever feasible.
Tuscany 6 and Tuscany 9 are the first projects to come online under Austin Energy's SSO program. The systems are installed on industrial facilities within the Tuscany Way industrial corridor that are owned by an Ares Real Estate fund and managed by Marq Logistics ("Marq"), which represents Ares' vertically integrated global logistics real estate platform and is a leader in the development and operation of modern logistics facilities. These inaugural SSO installations leverage the facilities' previously underutilized rooftop space to deliver more than ~1.97 GWh of annual clean energy to the Austin grid, demonstrating how commercial real estate assets can play a critical role in accelerating local decarbonization.
"Radial Power is proud to expand our footprint in Austin with the successful delivery of Tuscany 6 and Tuscany 9," said Michell Graham, Chief Commercial Officer of Radial Power. "These projects demonstrate how commercial real estate owners can expand utilization of their assets while supporting reliable, locally sourced clean energy for the communities they serve."
"Ares is proud to partner with Radial Power to support Austin Energy by hosting this inaugural project," said Daren Moss, Managing Director in the Ares ESG Group. "We believe that innovative initiatives like the SSO program can serve to both enhance the value of our assets while advancing local grid decarbonization and energy resilience in the communities where we operate."
The SSO program enables commercial property owners and solar developers to sell energy directly to Austin Energy at a fixed rate, creating a scalable pathway for deploying distributed solar across the city. Radial Power continues to partner with commercial real estate owners nationwide to identify high‑value solar opportunities on rooftops and parking lots, delivering turnkey development, financing, and long‑term asset management.
Radial Power currently operates or is developing projects across more than 35 states, helping institutional real estate owners advance their ESG goals while reducing operating costs and increasing asset value.
About Radial Power
Radial Power is a national developer, owner, and operator of distributed solar and storage projects serving commercial, industrial, and community solar customers across the United States. The company focuses on disciplined development, efficient capital deployment, and long-term operational performance to deliver scalable clean energy solutions.
Radial Power is an affiliate of energyRe, a leader in delivering reliable and affordable energy solutions, and Lotus Infrastructure Partners, a leading private equity firm focused on energy infrastructure investments. For more information, visit www.radialpower.com.
About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2025, Ares Management Corporation's global platform had nearly $623 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
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