“As Democrats sketch out a path forward for at least parts of President Joe Biden’s flagship Build Back Better Act, a group of over 260 companies on Monday called on Congress to urgently finalize negotiations on the legislation and seize “a once-in-a-generation opportunity” to deliver the “big, bold action to deliver the clean energy … [Read more…]
PitchBook https://pitchbook.com/profiles/company/99847-72 October 19, 2021 CIT Bank issues mortgage for Oak Hill Solar 1 LLC, Oak Hill Solar 2 LLC, Elmbrook Solar LLC, https://ir.cit.com/news/news-details/2021/CIT-Serves-as-Sole-Lead-Arranger-on-67.8-Million-Financing-for-Upstate-New-York-Solar-Power-and-Battery-Storage-Portfolio/default.aspx January 2021 Carlyle Group $375,000,000 investment to Amp Solar Group Inc. December 23, 2020 Deutsche Bank cements strong position in Japan’s solar sector “Deutsche Bank’s Tokyo … [Read more…]
“[K]KR plans to partner with the renewable energy consulting firm Crossover Energy Partners to develop solar and wind power projects. However, it also partners with the Abu Dhabi National Oil Company to produce and distribute petroleum products, and is expanding natural-gas fracking projects in Wyoming. Overall, KKR invests in 28 fossil-fuel companies. The Carlyle … [Read more…]
“Amp has broken ground on a portfolio of wholly owned community solar projects in New York and, along with its Massachusetts portfolio that is under construction, is on track to install nearly 100 MW of community solar projects across its Northeastern territory by the end of the year. The New York portfolio, consisting of … [Read more…]
“Renewable energy developer Amp has broken ground on a 75-MWDC portfolio of community solar projects in New York state. With its under-construction portfolio in Massachusetts, Amp is on track to install nearly 100 MW of community solar projects across the Northeastern by the end of the year. The New York portfolio consists of 11 … [Read more…]
“NEW YORK, Oct. 27, 2021 /PRNewswire/ – Amp, a global energy transition platform and renewable energy developer, announced today that it has broken ground on a portfolio of wholly-owned Community Solar projects in New York state, and, along with its Massachusetts portfolio that is under construction, is on track to install nearly 100MW of … [Read more…]
“Private-equity giant Carlyle Group Inc. is launching a company to develop renewable-power-generation and storage projects in a push to reorient its energy business toward sustainable investments. Funds Carlyle operates will inject as much as $700 million in the new venture, Copia Power, enabling it to arrange projects worth over $6 billion, according to Pooja … [Read more…]
“German renewables company Ib Vogt GmbH, and local partner AG Agro Industries Ltd, are facing demonstrations as they endeavor to set up a 50 MW solar power plant in Bangladesh’s Feni district. Protesting farmers have formed human chains in the project area and claim farmland producing three crops a year was selected for the … [Read more…]
“Hub International has lost one of its preeminent executives with the passing away of David Russell Turner, who served as vice president of business risk at the company. Turner passed away at Sunnybrook Health Sciences Centre in Toronto on January 06, 2021; he was 52. After graduating, Turner began his career in insurance. He … [Read more…]
“Here’s a mystery for you. What are the implications of the announcement that Carlyle Group is making a $374mn investment commitment to AMP Solar Group ? As Carlyle’s press release says, the company : . . . . .Apollo Investment (AINV) has $10mn invested in equity in AMP Solar (owns 6.6%) and $13.2mn in … [Read more…]