4Cs Holdings, a cosmetics company that expanded into the energy industry in mid-2024, agreed to sell 50 low-voltage solar projects to Oakmont, the company announced on March 31, 2025.
In preparation for the sale, 4Cs Holdings transferred 67 of 73 low-voltage solar projects totaling 4.25MW it owned directly to its subsidiary Fantastic Four No. 1 LLC, which now owns 164 projects. The projects will be transferred from the subsidiary to Oakmont’s affiliate Stratton LLC.
Fantastic Four No. 1 planned to manage the projects long-term but agreed to sell due to favorable terms, 4Cs Holdings said.
4Cs Holdings will remain involved in the projects’ permitting and EPC process until their completion. It expects to hand the projects over to Oakmont within this fiscal year.
In addition to its entry into solar power plant development in May 2024, the company also entered into the grid-scale battery storage sector in February 2025.
