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rPlus Energies has announced a platform-level partnership with Sandbrook Capital, in which Sandbrook will invest up to $460 million in the company alongside continued support from rPlus founding investor, Gardner Group.

rPlus’ 15 GW pipeline of renewable projects will be facilitated by Sandbrook’s initial commitment, enabling the company to bring an expected 1 GW of storage online in the near-term, while advancing the pipeline balance.

“From the outset, it was evident that we share an execution-oriented and community-minded approach to business and project development,” says Luigi Resta, rPlus president and CEO. “The expertise, commitment and drive of the Sandbrook team, coupled with the Gardner Group’s continued leadership, will play a pivotal role in steering substantial growth as rPlus makes a strategic transition to own-and-operate for the long-term.”

Lazard Frères & Co served as financial advisor to rPlus. Foley & Lardner served as transaction counsel to rPlus. Kirkland & Ellis served as transaction counsel to Sandbrook. Parr Brown Gee & Loveless served as transaction counsel to Gardner Group.

The post Sandbrook Capital Commits $460M to rPlus Energies appeared first on Solar Industry.

Sandbrook Capital Commits $460M to rPlus Energies

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Renewable Energy

Will Mr. Pillow Become the Next Governor of Minnesota?

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According to a recent poll conducted by Emerson College, if the election were held today, Mike Lindell would lose to Amy Klobuchar by a margin of 53% to 31%.

Now, exactly what does that translate to in terms of a probability of Lindell’s winning?  I’m unaware of a scientific method of making that calculation, but it can’t be more than 1 or 2 percent.  Perhaps the same as a three-legged horse winning the Kentucky Derby this coming May.

Minnesota is one of the least favorable states in the union for a moron Trump supporting liar, who lost a $2.3 million defamation suit when he claimed that Dominion Voting Systems had rigged the 2020 election in favor of Biden.

Sure, California or Massachusetts would be worse, but most Minnesotans are well educated and affluent people with solid moral values.

Will Mr. Pillow Become the Next Governor of Minnesota?

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Renewable Energy

Waste Tire to Fuels

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It’s nice see that the company at left says that its “goal” is waste tire to fuels, rather than that it actually doing so, which would be a lie, albeit one that is commonly told.

About 15 years ago, there were many dozens of organizations working on this, but none of them succeeded, because the a) the technology wasn’t mature, and b) the whole enterprise wasn’t cost effective.

Waste Tire to Fuels

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Renewable Energy

When Did America Turn Mean?

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I would say it happened when Donald Trump entered the political scene in 2015 and wasn’t immediately laughed off the stage.

I remember calling my mother in disbelief and asking her if there wasn’t an unwritten rule that a successful presidential candidate has to be a decent and honorable human being.  Sure, we elected Nixon (twice), but we didn’t know he was a criminal at the time.

When Did America Turn Mean?

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