pv

Sol Systems Partners with KKR to Scale Impact-Focused Renewable Energy Solutions

33
Sol Systems, LLC, a leading US renewable energy solutions firm, and KKR,  a leading global investment firm, announced it  has received a significant minority investment from KKR to scale the company’s impact + infrastructure approach.
Sol Systems Partners with KKR to Scale Impact-Focused Renewable Energy Solutions
Courtesy of Sol Systems

Sol Systems and KKR also announced a new strategic partnership in which KKR is committing up to $1 billion to acquire shovel-ready projects, helping fund Sol Systems’ development of contracted renewable energy and storage assets to meet the growing sustainability needs in North America.

Established in 2008, Sol Systems combines renewable energy development, delivery, asset management and environmental commodity management into one unique infrastructure and impact offering. Sol Systems’ approach is specifically designed to enable customers to procure renewable energy and invest in sustainable infrastructure while creating dedicated income streams for under-resourced communities and communities disproportionately impacted by climate change. For example, Sol’s first of its kind Impact Power Purchase Agreement pairs the development of solar projects with community investment, habitat restoration and job creation opportunities in communities across the US. Through this approach, Sol Systems is enabling many of the world’s largest institutional, corporate and municipal partners to invest in and procure renewable energy while making a positive community impact.

“Over the last decade, our guiding principles have been to do good work with good people, and do what’s right for the communities we work in. We bring focus and discipline to delivering on these ideals,” said Yuri Horwitz, Co-Founder and Chief Executive Officer of Sol Systems. “In KKR, we have found an aligned organization and team that was excited to do this work with us, and is committed to accelerating and supporting our approach to investing in sustainable infrastructure with community impact. Looking ahead, we plan to dramatically scale the work we’re doing with our partners as we all transition to a more sustainable, resilient and equitable future.”

“Sol Systems is a market-leading, integrated provider of truly differentiated sustainable energy solutions. Yuri and his team embody an approach to responsible investment that very much aligns with our own, and one that we are proud to be investing behind,” said Tim Short, Managing Director at KKR. “We look forward to helping grow the platform even further in response to the significant demand for thoughtful and customer-driven renewable energy offerings.”

KKR invests in Sol Systems through its Global Infrastructure Investors III fund. KKR first established its Global Infrastructure strategy in 2008 and has since been one of the most active infrastructure investors around the world with a team of more than 50 dedicated investment professionals. The firm has been an active investor in renewables investing over the last ten years, deploying more than $4.7 billion in renewable assets at a combined enterprise value exceeding $19.5 billion, with a power generation capacity of 12.5 GW.

 

Add a comment
Dave
Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. whncourses
cate
“Experience is a hard teacher because she gives the test first, the lesson afterwards.” ―Vernon Sanders Law https://fullbirthday.com/
a
It is extremely nice to see the greatest details presented in an easy and understanding manner. credit card processing partner program
kate
If this world is to be healed through human efforts, I am convinced it will be by ordinary people whose love for life is even greater than their fear. Joanna Macy https://quotesoye.com
a
Thanks for the blog post buddy! Keep them coming... merchant services representative
a
Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really your style. Thanks a million and please keep up the effective work. best merchant services to work for
a
Thanks for sharing us. white label merchant processing
ALI
I would to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own Blog Engine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it. https://topuniversitieslist.com/universidad-yachay-tech/
a
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! dpboss matka
a
This is a smart blog. I mean it. You have so much knowledge about this issue, and so much passion. You also know how to make people rally behind it, obviously from the responses. matka
1 2 3 4
Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).