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.
Renewable Energy
Charlie Kirk, Speaking to Idiots
I suppose there are people who believe that the radical left is on a path to make Christianity illegal, and perhaps to install Islam as the official religion of the United States. This is remarkable for two reasons:
a) Every schoolchild in America learns about the First Amendment’s guarantee of freedom of religion at a very young age, and
b) This country made it successfully though 250 years with no one being ignorant enough to bring up this ridiculous concern.
Renewable Energy
Americans Don’t Want a Dictator
One would hope that this figure of near 60% would indirectly translate into Trump’s ouster before he can take full control of the U.S. government.
We vote Trump’s stooges out of office in November and replace them people of honor. Trump is impeached, convicted and removed. From there, justice takes its course.
Renewable Energy
Nordex Q3 Orders Jump 30%, Vestas Bets on Australia
Nordex Q3 Orders Jump 30%, Vestas Bets on Australia
Nordex Q3 orders jump 30% and Vestas lands about a gigawatt in Australia. Plus why turbine factories skip Australia, high project costs, and whether batteries can replace coal.
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