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Dawn Mountain Companions, a developer of renewable power tasks, introduced this week a major enlargement of its strategic co-development partnership with CleanCapital. CleanCapital, a diversified power firm, is among the prime house owners and operators of C&I and DG photo voltaic and storage tasks within the U.S., having deployed over $1 billion in cumulative capital thus far. The corporate presently oversees 223 working tasks totaling 291 megawatts (MW) spanning 21 U.S. states and territories. The amended settlement accelerates the events’ funding into and improvement 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 tasks in three states. Dawn Mountain Companions contributes its experience in siting, growing, and allowing tasks; CleanCapital supplies the required capital and market data to every mission and can have main duty for development, mission financing, and long-term operations. By combining their respective experience and sources, the businesses are laying the groundwork for dozens of group photo voltaic farms in a number of states that can ship an estimated 350 million kilowatt hours of fresh power to native communities yearly, whereas producing native tax revenues and creating lots 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 sources and a long-term dedication to mission improvement. Collectively, we’re empowering native communities throughout America with higher alternative, good-paying jobs, and lowered 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 may attest unequivocally that he’s an individual of excessive integrity. Dawn Mountain has been an excellent improvement accomplice for CleanCapital since we started collaborating two years in the past. We’re happy to considerably increase our actions by signing this long-term settlement.”
Paul Curran, Chief Improvement Officer at CleanCapital, said: “We’re excited to increase our collaboration with Dawn Mountain Companions to develop a higher variety of tasks collectively in a number of core markets. This partnership represents a major step in direction of our aim of accelerating the stream of institutional capital into grid-critical tasks 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 strategy to growing photo voltaic tasks and, specifically, their willingness to work intently with all stakeholders makes them engaging companions to landowners and to the native communities through which 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 folks have been concerned within the improvement, possession, and operations of over 70 photo voltaic farms nationally, representing over $1.2 billion of tasks in 16 states. The agency operates from its workplaces 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 workplaces 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 business. Mission-driven to mitigate the local weather disaster, CleanCapital leads the power transition with strategic investments in early-stage, new development, and working renewables tasks and improvement companions. Up to now, the corporate has invested $1 billion in tasks and firms, together with the acquisition of BQ Power, a nationwide chief in landfill and brownfield renewable power improvement. The corporate has efficiently acquired and managed over 230 working and new development tasks 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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