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Excelsior Energy Capital has sold a 38 solar energy and solar plus storage project portfolio to BlackRock’s Evergreen Infrastructure Partners Fund, divesting its entire stake as part of the transaction.

The project portfolio consists of operational solar and battery storage distributed generation projects with a total nameplate capacity of 89 MW. This transaction is the company’s first exit from its inaugural fund, Excelsior Renewable Energy Investment Fund I, which launched seven years ago and has invested in renewable projects across ten U.S. states.

“This successful exit marks a proud milestone for the Excelsior team and validates our differentiated strategy for addressing North American renewable power generation,” says Chris Moakley, managing partner at Excelsior.

Excelsior was advised by Akin Gump, led by partner Dan Lynch, as well as Morgan Stanley and KeyBanc Capital Markets throughout the sale process. Latham & Watkins, along with KPMG, Natural Power and Thorndike Landing advised BlackRock.

The post Excelsior Energy Capital Sells Solar, Solar + Storage Assets to BlackRock appeared first on Solar Industry.

Excelsior Energy Capital Sells Solar Assets to BlackRock

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Renewable Energy

Did God Assign Your Gender?

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Religious statements fly in the teeth of science, but even the most ardent believers in God are going to have trouble with the meme here.

The reason men have nipples is that their gender isn’t assigned until about six weeks after conception, when chromosomes trigger hormonal changes that differentiate male and female anatomy.

Did God Assign Your Gender?

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Renewable Energy

Are Americans Fed Up with Trumpism?

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It’s possible that Americans are so angry that the Trump administration has ruined their country and its democracy that paid advertising for Republican candidates is having no effect on them.

We can only hope.

Are Americans Fed Up with Trumpism?

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Renewable Energy

Mike Lindell Paddled in the Primary

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Obviously, the endorsement of a much-despised president didn’t help, but what chance did this election-denying moron actually have in a sophisticated state like Minnesota?

Mike Lindell Paddled in the Primary

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