Excelsior Energy Capital has sold a 38 solar energy and solar plus storage project portfolio to BlackRock’s Evergreen Infrastructure Partners Fund, divesting its entire stake as part of the transaction.
The project portfolio consists of operational solar and battery storage distributed generation projects with a total nameplate capacity of 89 MW. This transaction is the company’s first exit from its inaugural fund, Excelsior Renewable Energy Investment Fund I, which launched seven years ago and has invested in renewable projects across ten U.S. states.
“This successful exit marks a proud milestone for the Excelsior team and validates our differentiated strategy for addressing North American renewable power generation,” says Chris Moakley, managing partner at Excelsior.
Excelsior was advised by Akin Gump, led by partner Dan Lynch, as well as Morgan Stanley and KeyBanc Capital Markets throughout the sale process. Latham & Watkins, along with KPMG, Natural Power and Thorndike Landing advised BlackRock.
The post Excelsior Energy Capital Sells Solar, Solar + Storage Assets to BlackRock appeared first on Solar Industry.
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.
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.
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.
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