Captona LLC has efficiently accomplished its 2019 renewable funding portfolio, totaling 24 MW. Captona’s combination investments whole shut to 100 MW and proceed to broaden because the agency targets over 300 MW in wind, storage and solar in 2020.
The New England Solar Portfolio IV (NESP IV), broadens Captona’s present footprint with positions in Massachusetts and Rhode Island. The portfolio consists of two greenfield-sited solar amenities, together with the 21 MW Gold Meadow Farms project. Captona accomplished the portfolio’s financing commitments in 2018 together with one other 14 MW portfolio it acquired. The two tasks achieved business operations in 2019.
This is the fourth in a collection of acquisitions made by way of Captona, demonstrating the environment friendly execution of its acquisition technique launched in 2016. Together with the three acquisitions made prior to NESP IV, Captona now owns and operates a complete of 19 property.
“The acquisition of our fourth New England solar portfolio represents another milestone for Captona, advancing our pursuit in impact investing and setting the tone for our future pipeline acquisitions,” says Izzet Bensusan, managing companion and founder of Captona.
“Our mission is not only to expand our investments in clean energy but to do so in a way that supports the local economies and communities within our geographical footprint. Our investments continue to reflect this goal by saving taxpayer dollars, diversifying the regional energy supply and creating local jobs,” provides Bensusan.
Captona is a North America-focused funding firm specializing in power era and energy infrastructure property. The firm seeks to purchase working and improvement property inside the North American power sector and goals to create worth by way of technical and monetary restructuring.
Photo: Captona’s Massachusetts solar portfolio