DSD Renewables has received a $250 million strategic investment from Cox Enterprises to support DSD’s continuing mission of accelerating renewable energy deployment.
“This significant investment from Cox marks a pivotal milestone for DSD, enabling our continued evolution to becoming an influential market leader,” says DSD CEO Erik Schiemann. “Our growth, initially fueled by BlackRock’s faith in us, now enters a new chapter with Cox that will advance our position as a cleantech leader and scale our business.”
“The management team at DSD has built an impressive business with a bright future,” adds Will Thorburn of Cox Cleantech. “The way they are benefiting both business and the planet shows their ability to think innovatively and operate with purpose. We are looking forward to working with DSD to have an even larger impact in the years to come.”
The investment is Cox’s largest in the renewable energy sector to date. In addition, BlackRock’s Climate Infrastructure business is currently and will remain the majority stakeholder in DSD, alongside Cox.
Since 2019, DSD has raised over $2 billion in project capital, developing and deploying over 600 MW of solar and storage projects across the nation.
“BlackRock believes strongly in DSD and the fundamental value proposition around making solar more accessible to organizations. Since we first invested in 2019, the growth of the opportunity has dramatically increased, and we are pleased to see global companies of Cox’s caliber investing in the space,” says David Giordano, global head of BlackRock Climate Infrastructure.
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DSD Renewables Gains $250 Million Investment from Cox Enterprises
Incompetence isn’t actually the issue with Trump.
Imagine for an instant that the president was paid $100 billion per year to run this country, and that he was given a $50 billion annual merit-based bonus if his key statistics were up that measured how well the country was doing in terms of the quality of Americans’ lives. Do you think he’d be starting useless and illegal wars that drive up consumer prices? Destroying the educational system and the environment?
Not for a millisecond.
As shown here, there are (formerly credible) people who are telling us that Trump is restoring Americans’ trust in government.
Do they truly believe this?
One of the casualties of the post-truth era is that the statements of our “leaders” no longer are required to have any basis in fact. What Jim Jordan says here is a fine example.
When he says “better” here, is he referring to runaway inflation? Trump’s purposeless and illegal war with no end in sight? His blatant corruption and criminality? His having, quite successfully, divided the American people into groups that hate each other? The enrichment of billionaires at the expense of the working class? The carefully engineered collapse of the environment so as to favor his donors in fossil fuels? The demise of the U.S. educational system?
Please be clear.
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