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.
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