rPlus Energies has announced a platform-level partnership with Sandbrook Capital, in which Sandbrook will invest up to $460 million in the company alongside continued support from rPlus founding investor, Gardner Group.
rPlus’ 15 GW pipeline of renewable projects will be facilitated by Sandbrook’s initial commitment, enabling the company to bring an expected 1 GW of storage online in the near-term, while advancing the pipeline balance.
“From the outset, it was evident that we share an execution-oriented and community-minded approach to business and project development,” says Luigi Resta, rPlus president and CEO. “The expertise, commitment and drive of the Sandbrook team, coupled with the Gardner Group’s continued leadership, will play a pivotal role in steering substantial growth as rPlus makes a strategic transition to own-and-operate for the long-term.”
Lazard Frères & Co served as financial advisor to rPlus. Foley & Lardner served as transaction counsel to rPlus. Kirkland & Ellis served as transaction counsel to Sandbrook. Parr Brown Gee & Loveless served as transaction counsel to Gardner Group.
The post Sandbrook Capital Commits $460M to rPlus Energies appeared first on Solar Industry.
Renewable Energy
Tucker Carlson
Tucker Carlson has made a huge public apology for having supported the psychotic in the White House, Donald Trump. It’s all over the news and will probably remain so for the next few days. But what made it happened? What does it mean?
Most of the pundits say it’s disingenuous; Carlson saw Trump falling apart in terms of his approval rating, and he decided not to go down with the ship.
I suppose I agree. While Fox News and Newsmax will continue to support Trump long after he’s removed from office, indicted for treason, tried, convicted, and incarcerated, Carlson (fired by Fox News for reasons that were never made clear), has decades of his political life ahead of him, and has chosen to run away so as to be able to fight another day.
Renewable Energy
Not All Trump Supporters Are Idiots
What Robert De Niro says here is largely correct; most of Trump’s supporters are intellectually inferior to the U.S. population at large.
This is not universally true, however. There are plenty of brilliant minds who will stand behind him to the very end. These people with profound moral defects.
Imagine loving money so much that, in order to make your next billion dollars, you approve of a criminal sociopath who:
• Launches a useless and illegal war that cripples the American economy, committing a vast array of war crimes in the process.
• Gets away with attempting to overthrow the U.S. federal government.
• Cuts healthcare from tens of millions of our citizens.
• Attacks the U.S. educational system.
• Removes dozens of environmental regulations.
• Supports Big Oil by destroying the clean energy industry.
• Kills vaccine requirements, paving the way for the next pandemic.
• Works to insert Christianity into our schools.
• Allows homeless veterans to die of treatable diseases.
This is moral bankruptcy.
Renewable Energy
Ignorance and Confidence
Until Trump came along, I would have said that the Twain quote here was intended as humor.
Now we can see how true it is, as we have an entire voting bloc rooted in ignorance and confidence.
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