Key Takeaways
- Distributed Sun (DSUN) is the anchor investor behind trutility, a new energy infrastructure platform announced August 18, 2026, in Washington, D.C.
- The platform has received more than $1 billion in contributed capital to develop, own and operate battery storage, community solar, distributed generation and microgrid projects at megawatt to gigawatt-hour scale.
- trutility’s starting asset base includes a gigawatt-hour-scale battery storage portfolio, multi-state community solar operations, microgrids across 14 utility territories, and 24 front-of-meter battery storage sites set to expand to 48 by year-end.
- Distributed Sun, founded in 2010, operates across 17 states and serves more than 30,000 customers through 20-plus utilities; the company reports a 9.2x average MOIC on development assets since 2019 and more than $1 billion in customer savings delivered.
- CEO Chase Weir and Executive Chair Jeff Weiss both spoke to the launch, pointing to the company’s investment track record and its role serving large-load customers such as data centers and EV fleets.
Distributed Sun Leads $1 Billion Investment in trutility
Distributed Sun announced August 18 that it is the anchor investor in trutility, a newly launched energy infrastructure platform based in Washington, D.C. The deal brings together more than $1 billion in contributed capital to fund the development, ownership and operation of battery storage, community solar, distributed generation and microgrid projects ranging from megawatt to gigawatt-hour scale.
Distributed Sun, founded in 2010, has built a portfolio spanning 17 states and serving more than 30,000 customers across over 20 utilities. The company said trutility is designed to move electricity infrastructure projects from planning to operation faster than conventional development timelines allow.
trutility to Build Battery Storage, Solar and Microgrid Assets
trutility starts with a gigawatt-hour-scale battery storage portfolio, community solar operations across multiple states, and microgrids running in 14 utility territories. Its holdings also include 24 front-of-meter battery energy storage sites, with plans to expand to 48 by the end of the year, along with distributed generation portfolios that carry contracted cash flows.
trutility is separate from trucurrent, a Distributed Sun subsidiary that develops behind-the-meter energy assets for enterprise customers, including data centers, EV fleet operators, and manufacturing facilities.
Distributed Sun’s Track Record Anchors the New Platform
“The kilowatt-hour is the base currency of the U.S. economy. We make electrons liquid where and when needed so large-load customers can grow, the grid can perform, and the country can compete,” said Chase Weir, CEO of Distributed Sun.
“DSUN earned an average 9.2x MOIC on development assets since 2019 and a 14.3% average levered operating asset return to investors since formation. Delivering alpha is both the promise and the track record,” said Jeff Weiss, Executive Chair of Distributed Sun.
Prior Projects and Recognition
Distributed Sun points to a project with utility PG&E, an EV fleet-charging microgrid under the Flex Connect program that it says was energized in four months, versus a conventional timeline of about 24 months. The company has also won the Department of Defense’s Military Energy Resilience Challenge and Intersolar’s Most Iconic Project of the Year award, and helped establish the truSolar risk-and-readiness standard with S&P Global and DuPont in 2014.
