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Captona and Scale Microgrids have closed on and funded a portfolio of community solar and microgrid assets in New York and California. 

The investment furthers Captona’s preferred equity strategy and enables Scale to optimize the value of their investment tax credits, the companies say.

“Captona is thrilled to complete yet another investment through our rapidly expanding preferred equity strategy,” adds Izzet Bensusan, CEO and founder of Captona.

“This portfolio of microgrids and community solar projects provide reliable, sustainable energy solutions that enhance energy independence and grid resilience. As an energy transition investment firm, we find these asset classes to be a great fit within our existing portfolio of RNG, fuel cells, storage and solar.”

The projects have all been placed in service. Scale will continue to own, operate and maintain them.

Kirkland & Ellis served as counsel for Captona. Allen Overy Shearman served as counsel for Scale Microgrids.

The post Captona, Scale Microgrids Complete Preferred Equity Investment in Solar Projects Portfolio appeared first on Solar Industry.

Captona, Scale Microgrids Complete Preferred Equity Investment in Solar Projects Portfolio

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Renewable Energy

Philosophy on the Decline

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At left is a good example of what I mean by: “The last 150 years hasn’t been good for philosophers.”

In the late 19th Century, a question like this was the purview of philosophy.  Now it’s the domain for neuroscientists.

Similarly, the question: “what are the ultimate building blocks of the universe” was fodder for everyone from the ancient Greek philosophers up to the far more recent metaphysicians. Now we ask particle physicists.

Philosophy on the Decline

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Renewable Energy

Joke on MAGA Attire

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This is funny, but in actuality, sane people don’t physically attack the MAGA crowd; in fact, we don’t even make snide comments.

We keep our thoughts to ourselves.  We may feel sorry for these people’s moral depravity and/or stupidity.  We may be angry that the country that was once the envy of the world is now viewed with ridicule and disdain in its path to become irrelevant in global affairs.

But messing with hateful morons in red hats isn’t helping anyone.

Joke on MAGA Attire

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Renewable Energy

Trump Campaigns for the Nobel Peace Prize

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Here’s the latest on Trump’s efforts to be awarded the Nobel Peace Prize, while waging an aggressive war in Iran, executing people he suspects of carrying drug off the coast of Venezuela, pledging to take over Cuba, and annexing Greenland from a (former) ally.

Trump Campaigns for the Nobel Peace Prize

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