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.
It’s actually surprising that it took so long for Trump to favor Putin in Russia’s war with Ukraine.
Trump loves all the things that Putin stands for: brutality against dissidents, defying the law, war crimes, lies, and fascism.
If it were possible, Trump would enjoy the same absolute power that Putin has, and Kim Jong Un has in North Korea.
To his credit, Trump is astute when it comes to the timing of his atrocities. Had he abandoned Ukraine in favor of Putin’s Russia too early, the American people would have been outraged.
Now, after Iran, detention centers, gas prices, farm failures, killing clean energy, years of support for white nationalism, gutting U.S. education, and so forth, Trump’s backing Russia seems perfectly normal.
Bercerra comes with some baggage, but at least he’s not endorsed by Trump.
The bulk of California’s population lives on or near the Pacific Coast, and consists of affluent and well-educated people who want to see Trump removed, convicted, and incarcerated. Yes, the inland folks are largely farmers, but their numbers are far too small to elect a Republican in the GOP of today, with this corruption, ignorance, racism, and cruelty.
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