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Dawn Mountain Companions, a developer of renewable power initiatives, introduced this week a major growth of its strategic co-development partnership with CleanCapital. CleanCapital, a diversified power firm, is among the prime homeowners and operators of C&I and DG photo voltaic and storage initiatives within the U.S., having deployed over $1 billion in cumulative capital to this point. The corporate at the moment oversees 223 working initiatives totaling 291 megawatts (MW) spanning 21 U.S. states and territories. The amended settlement accelerates the events’ funding into and growth of native, community-based photo voltaic farms that present financial advantages and clear power to communities.
In lower than two years, the strategic alliance between Dawn Mountain Companions and CleanCapital has resulted in over 35 initiatives in three states. Dawn Mountain Companions contributes its experience in siting, growing, and allowing initiatives; CleanCapital offers the required capital and market information to every challenge and can have main duty for development, challenge financing, and long-term operations. By combining their respective experience and assets, the businesses are laying the groundwork for dozens of neighborhood photo voltaic farms in a number of states that may ship an estimated 350 million kilowatt hours of fresh power to native communities yearly, whereas producing native tax revenues and creating tons of of jobs throughout the nation.
Nicholas Minekime, CEO and Founding father of Dawn Mountain Companions, emphasised, “This expanded settlement accelerates our collaboration by offering elevated monetary assets and a long-term dedication to challenge growth. Collectively, we’re empowering native communities throughout America with larger alternative, good-paying jobs, and decreased electrical payments.”
CleanCapital CEO and Co-Founder Thomas Byrne echoed these sentiments, emphasizing the transformative affect of the event partnership, stating, “I’ve recognized Nick Minekime since 2014 and might attest unequivocally that he’s an individual of excessive integrity. Dawn Mountain has been an excellent growth associate for CleanCapital since we started collaborating two years in the past. We’re happy to considerably broaden our actions by signing this long-term settlement.”
Paul Curran, Chief Growth Officer at CleanCapital, acknowledged: “We’re excited to broaden our collaboration with Dawn Mountain Companions to develop a larger variety of initiatives collectively in a number of core markets. This partnership represents a major step in direction of our purpose of accelerating the move of institutional capital into grid-critical initiatives to advance the nation’s clear power transition.”
Patrick Verdonck, CEO of Verdonck Companions, talked about, “It was a pleasure working with Nick Minekime and his group. Their considerate method to growing photo voltaic initiatives and, specifically, their willingness to work carefully with all stakeholders makes them enticing companions to landowners and to the native communities wherein they’re growing photo voltaic farms.”
Dawn Mountain Companions was based in 2021 by Nicholas Minekime, a clear power veteran with a profitable monitor file of growing, proudly owning, and working photo voltaic farms. The agency’s individuals have been concerned within the growth, possession, and operations of over 70 photo voltaic farms nationally, representing over $1.2 billion of initiatives in 16 states. The agency operates from its places of work in Dublin, Ohio; Stamford, Connecticut; and Modesto, California.
Verdonck Companions LLC suggested Dawn Mountain on the transaction. Pierce Atwood LLP served as Dawn Mountain’s authorized counsel.
CleanCapital engaged Orrick, Herrington & Sutcliffe as Purchaser’s counsel on this transaction.
About Dawn Mountain Companions
Dawn Mountain Companions builds partnerships with landowners and their communities. We develop, construct, and function photo voltaic farms that present clear electrical energy and financial advantages to native communities. The agency operates from its places of work in Dublin, Ohio; Stamford, Connecticut; and Modesto, California. For extra data, see SunriseMountainPartners.com
About CleanCapital
CleanCapital is a diversified clear power firm centered on the middle-market photo voltaic and storage trade. Mission-driven to mitigate the local weather disaster, CleanCapital leads the power transition with strategic investments in early-stage, new development, and working renewables initiatives and growth companions. Up to now, the corporate has invested $1 billion in initiatives and firms, together with the acquisition of BQ Power, a nationwide chief in landfill and brownfield renewable power growth. The corporate has efficiently acquired and managed over 230 working and new development initiatives in 26 states and one U.S. territory, totaling 460 MW. Extra details about CleanCapital will be discovered at cleancapital.com
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