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
Renewable Energy
It Comes Down to This: What Do You Believe
Sadly, a significant number of U.S. voters believe what House Speaker Mike Johnson says here, i.e., that “God isn’t finished with America yet,” and that “We need people (from the Republican party) of character and integrity,” as if there are any.
But what is that number, roughly?
After living through the first 18 month of Trump’s second term, with all the lies, the incompetence, and the corruption, this number has dwindled to a point that the Republicans are bracing themselves for the worst.
Renewable Energy
Republicans Manipulate American’s Ignorance — and it Doesn’t Take Too Much Skill
Republicans Manipulate American’s Ignorance — and it Doesn’t Take Too Much Skill
Renewable Energy
How Oil Execs Sleep at Night
I’m sure some of these excuses are extremely common in the minds of those making huge profits by destroying our planet.

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