Denham Capital Announces $200 Million for Solar Energy Generator Solops

• Denham has gotten Solops as well as will certainly support the growth of the business including implementation of Solops' over 800 MW pipe of project investments.
• Solops has collectively established and also constructed over 3 GW of C&I solar throughout 29 states and closed on fundings in excess of $2.1 billion.

Boston based international energy change investment company Denham Capital has announced that it has actually shut an acquisition agreement with Solops that establishes, funds, as well as possesses and runs photovoltaic or pv solar projects in the commercial and commercial (C&I) sector throughout the USA.

Under the agreement, Denham has actually obtained Solops and also will certainly support the development of business consisting of implementation of Solops' over 800 MW pipe of project investments with a first commitment of $200 million. Solops' distributed generation options support consumers in attaining decarbonization goals and also simultaneously minimize running costs. Denham stated that the business plan is even more enhanced by the Inflation Reduction Act (IRA) which is supplying a longer runway for rewards in the United States renewable power space as well as further targeting incentives for utilization of domestic items and in low-income communities throughout the United States.

Denham dives in mining as well as sustainable infrastructure space. Solops has collectively created as well as built over 3 GW of C&I solar across 29 states and closed on financings in excess of $2.1 billion.

Denham claimed that the agreement with Solops is lined up with Environmental, Social, as well as Governance (ESG) framework of Denham and aims to give affordable solar energy, regardless of whether customers have a roof or land ideal for photovoltaic panels.

Justin DeAngelis, Partner and co-head of Sustainable Infrastructure, Denham Capital stated, "Solops is an excellent possibility for Denham Sustainable Infrastructure's newest fund to help implement on our 'get and build' approach, where we are supporting the development of businesses led by sector experts. We have been supporting global investment in energy scale solar PV for over 15 years and Solops is our initial investment in the distributed generations space, where we see great deals of opportunities not only in the United States yet internationally."

Matthew Rosenblum, Chief Executive Officer and also Founder of Solops, specified on the agreement with Denham, "Under this new possession, Solops now becomes an independent power producer giving it full control over the whole project life cycle in order to apply the Solops ideal technique policies and procedures which have been extremely effective over the past twelve years.

Lately, Denham Capital completed marketed Nexif Energy's portfolio of Australian as well as Southeast Asian energy possessions to RATCH Group PCL with a venture value over of $1 billion.