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Dawn Mountain Companions, a developer of renewable power initiatives, introduced this week a big enlargement of its strategic co-development partnership with CleanCapital. CleanCapital, a diversified power firm, is without doubt one of the high house owners and operators of C&I and DG photo voltaic and storage initiatives within the U.S., having deployed over $1 billion in cumulative capital up to now. The corporate presently oversees 223 working initiatives 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 initiatives in three states. Dawn Mountain Companions contributes its experience in siting, creating, and allowing initiatives; CleanCapital gives the required capital and market data to every mission and may have main duty for building, mission financing, and long-term operations. By combining their respective experience and assets, 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 unpolluted power to native communities yearly, whereas producing native tax revenues and creating a whole lot of jobs throughout the nation.
Nicholas Minekime, CEO and Founding father of Dawn Mountain Companions, emphasised, “This expanded agreement accelerates our collaboration by providing increased financial resources and a long-term commitment to project development. Together, we are empowering local communities across America with greater choice, good-paying jobs, and reduced electric bills.”
CleanCapital CEO and Co-Founder Thomas Byrne echoed these sentiments, emphasizing the transformative influence of the event partnership, stating, “I have known Nick Minekime since 2014 and can attest unequivocally that he is a person of high integrity. Sunrise Mountain has been an ideal development partner for CleanCapital since we began collaborating two years ago. We are pleased to significantly expand our activities by signing this long-term agreement.”
Paul Curran, Chief Growth Officer at CleanCapital, acknowledged: “We are excited to expand our collaboration with Sunrise Mountain Partners to develop a greater number of projects together in several core markets. This partnership represents a significant step towards our goal of accelerating the flow of institutional capital into grid-critical projects to advance the nation’s clean energy transition.”
Patrick Verdonck, CEO of Verdonck Companions, talked about, “It was a pleasure working with Nick Minekime and his team. Their thoughtful approach to developing solar projects and, in particular, their willingness to work closely with all stakeholders makes them attractive partners to landowners and to the local communities in which they are developing solar farms.”
Dawn Mountain Companions was based in 2021 by Nicholas Minekime, a clear power veteran with a profitable observe document of creating, proudly owning, and working photo voltaic farms. The agency’s individuals have been concerned within the improvement, 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 info, see SunriseMountainPartners.com
About CleanCapital
CleanCapital is a diversified clear power firm targeted 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 building, and working renewables initiatives and improvement companions. So far, the corporate has invested $1 billion in initiatives and corporations, together with the acquisition of BQ Vitality, a nationwide chief in landfill and brownfield renewable power improvement. The corporate has efficiently acquired and managed over 230 working and new building 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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