Captona and UBS Asset Management’s Real Estate & Private Markets business have closed on a portfolio investment of four utility-scale BESS projects in Texas.
Previously acquired by UBS Asset Management, the projects total 728 MW. Ranging from 100 MW to 300 MW in nameplate capacity apiece, they are slated to come online this year.
“Captona is proud to complete this transaction and grow our energy transition business,” says Izzet Bensusan, CEO and founder of Captona.
“This portfolio of BESS projects is critical to maximizing the potential of renewable energy projects while also ensuring grid reliability as energy demand grows. We are excited to continue investing and originating opportunities in clean energy projects and add to our growing portfolio of solar, BESS, fuel cell and clean fuels projects.”
Kirkland & Ellis served as counsel for Captona and its equity partner. Troutman Pepper served as counsel for UBS Asset Management.
The post Captona, UBS Asset Management Jointly Invest in BESS Portfolio appeared first on Solar Industry.
Captona, UBS Asset Management Jointly Invest in BESS Portfolio
As we’re learning, declining educational standards leads to ignorance, ignorance leads to Trumpism, and Trumpism leads to us to the brink of authoritrianismthe end of democracy.
The Republicans are betting the ranch that American voters can be convinced that the Democrats want government ownership of the means of production.
Granted, we live among a significant number of morons, but this sounds like a big ask.
Renewable Energy
Decarbonizing Our Energy and Transportation Sectors Is Proving to be a Devilishly Difficult Process
Phasing out fossil fuels in favor of clean energy is one hell of a slow process.
Decarbonizing Our Energy and Transportation Sectors Is Proving to be a Devilishly Difficult Process
-
Greenhouse Gases12 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change12 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy9 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测