PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Conergy UK Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Conergy and Holocene Close 28MW Utility Scale Solar Portfolio in North Carolina - Conergy  announced the financial close of a 28 megawatt portfolio of North Carolina solar projects, most recently valued at $60M USD - Conergy.com
Conergy and Holocene Close 28MW Utility Scale Solar Portfolio in North Carolina

 

NewswireToday - /newswire/ - Miami, FL, United States, 2015/04/14 - Conergy announced the financial close of a 28 megawatt portfolio of North Carolina solar projects, most recently valued at $60M USD - Conergy.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Conergy, one of the world’s largest downstream solar companies, and Holocene Clean Energy (Holocene) announced today the financial close of a 28 megawatt portfolio of North Carolina solar projects, most recently valued at $60M USD. Conergy and Holocene arranged federal and North Carolina state tax equity investments from two prominent US banks and provided development and sponsor equity capital. The transaction marks Conergy’s focus on growing its US market share following its latest equity round, led by major utility RWE.

Holocene, of Raleigh, North Carolina, and Conergy’s U.S. team completed development of the portfolio of projects after ESA Renewables, Sunlight Partners and Community Energy initiated project development. Conergy and Holocene collaborated on a financing solution and Conergy provided engineering, procurement, construction (EPC) and O&M services.

Anthony Fotopoulos, Conergy’s Regional Business Head for North America, said,“Conergy is pleased at this opportunity to bring our global development, financing, and EPC capabilities to North Carolina, and to serve as sponsor in this significant endeavor. Development partners are important to us at Conergy; we were able to capture local expertise by investing in the projects brought together by Holocene.”

“We are thrilled to bring these utility scale solar projects to North Carolina,” said Ralph Thompson, CEO of Holocene. “Thanks to the hard work of our team and our partners at Conergy, the solar farms will represent a major achievement by our companies. Developing solar projects is dependent on the team’s capabilities and balance sheet, and I am glad we were able to bring the group together.”

The solar farms are located across five locations in Eastern North Carolina. Construction began in February and will be completed in 2015. The facilities, located in Johnston, Duplin, and Franklin counties, will bring significant employment opportunity, while boosting local tax revenue without burdening existing municipal services. Duke Energy will purchase electricity generated by the systems under a 15-year agreement.

About Conergy

Conergy (conergy.com) is one of the world’s largest downstream solar companies, specializing in the design, finance, build and operation of high performance solar systems for homes, businesses and utility-scale power. Founded in 1998, the company pioneered the expansion of solar power internationally, and today combines innovative technology, industry-leading engineering and access to capital. Headquartered in Hamburg, Germany, Conergy has a global sales network and established subsidiaries in 15 countries. The company is privately held and majority-owned by Miami-based asset management firm Kawa Capital Management, Inc.

About Holocene

Based in Raleigh, North Carolina, Holocene develops ground mounted utility scale photovoltaic systems. Holocene was founded in 2009 and boasts core competencies in renewable energy systems development, complex financial structuring and syndication, large-scale construction and renewable energy systems asset management.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Conergy UK Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Conergy and Holocene Close 28MW Utility Scale Solar Portfolio in North Carolina

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Conergy UK Ltd | Holocene
Publisher Contact: Katie Ullmann - Conergy.com 
617-529-8039 k.ullmann[.]conergy.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Conergy UK Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Conergy UK Ltd / Company Profile


Read Energy Most Recent Related Newswires:

GE Hitachi Nuclear Energy and Bechtel Form Decommissioning Alliance
GE Equips New 1,320 MW CPHGC Power Plant to Help Pakistan Meet Growing Energy Needs
SolarWinds Empowers IT Professionals with the Ultimate Hybrid IT Performance Management Platform
Invenergy Closes Purchase Agreement for the La Jacinta Solar Farm in Uruguay
ENGIE Acquires EV-Box - The Largest European Electric Vehicle Charging Player
GE Renewable Energy to Showcase Expertise in Hydropower At Africa 2017 In Marrakesh, Morocco
GE Awarded Contract for First HA Gas Turbine in China
GE Power Signs Multiyear Agreement and First Cybersecurity Solution in Latin America
GE Hitachi Nuclear Energy and ARC Nuclear Announce Cooperation to Accelerate Commercialization of Advanced Small Modular Reactor
Shermco Industries Receives Gold Safety Recognition from the American Wind Energy Association
GE’s Fuel-Flexible Power Plant Brings Vital Energy Boost to Ghana
ENGIE Wins Nearly 78 MW of Photovoltaic Projects in France
Enel Launches Innovation Hub with UC Berkeley Accelerator in its First Partnership with A Major Multinational Corporation
ENGIE Welcomes the GE Water & Process Technologies Takeover by SUEZ
GE, Borusan EnBW Enerji, Fina Enerji and Özgül Holding Sign MoU for YEKA in Turkey

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)