ALBUQUERQUE, NM — June 16, 2025 — Sandia Clean Energy Corp announced today it has closed an $18 million Series B funding round, led by Westridge Capital Partners with participation from existing investors including Horizon Green Ventures and the New Mexico Clean Energy Fund. The capital infusion will fuel the company's rapid expansion across the southwestern United States. The Albuquerque-based clean energy developer plans to deploy the new funds toward construction of three utility-scale solar installations in New Mexico and Arizona, expansion of its grid-scale battery storage division, and the hiring of approximately 75 full-time employees over the next 18 months. "This funding validates the critical work we are doing to bring affordable, reliable clean energy to underserved communities across the region," said CEO Maria Castellano. "We are building infrastructure that will serve families and businesses for generations." The raise comes amid record investment in domestic renewable energy, driven by federal incentives under the Inflation Reduction Act. Sandia Clean Energy has secured power purchase agreements with two regional municipal utilities totaling 340 megawatts of projected capacity, positioning the company for profitability by Q3 2027. Westridge Capital Partners Managing Director James Okafor called the company "among the most operationally disciplined clean energy developers we have evaluated in the Mountain West market." --- **About Sandia Clean Energy Corp:** Sandia Clean Energy Corp is an Albuquerque, New Mexico-based renewable energy developer specializing in utility-scale solar generation and grid-scale battery storage solutions. Founded in 2019, the company is committed to delivering sustainable, cost-competitive energy across the American Southwest. For more information, visit www.sandiacleanenergy.com. ---