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
As a financially comfortable, educated, straight white male, one might think I’m impervious to any of Trump’s policies.
I have a weakness, however, and it’s one I share with virtually every other progressive on the planet–I care deeply the well-being of other people. It disturbs me greatly to see other people suffer, especially when that suffering would be so easily avoided.
At left is a great example of a fallacy called a “false dichotomy.”
We all crave information that backs up what we already believe, and, in general, Trump supporters have this going on in spades.
When we think about it, isn’t in possible to both protect American citizens and respect the Constitution rights all people living here?
What would one expect a sycophant to say?
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