The New Energy Capital Cleantech Infrastructure Fund, a leading investor in clean infrastructure real assets, has made a follow-on investment in Cypress Creek Renewables, a leading developer and long-term owner of small to mid-size utility scale solar energy projects. This investment follows the Fund’s initial investment in Cypress Creek made in the first quarter of 2015. Continue reading
The New Energy Capital Cleantech Infrastructure Fund, a leading investor in clean infrastructure real assets, has invested in Natural Systems Utilities, an award-winning leader in the water and energy infrastructure industry. Previous investors XPV Capital Corporation and ARB, a private investment firm, joined the round. Continue reading
The New Energy Capital Cleantech Infrastructure Fund announced that it has closed an investment of $20 million to fund the development and construction of solar PV power plants by Cypress Creek Renewables, LLC.
Matt McGovern, CEO of Cypress Creek Renewables said, “This investment is a critical component to our current and future success. We are excited to announce our partnership with New Energy Capital and look forward to working together as we grow our business and capitalize on solar market opportunities.”
Cypress Creek Renewables is a developer and long-term owner of solar energy projects with development assets in markets across the United States. Their business model is focused on utility-scale ground mount projects from 2-20MW AC in capacity. Cypress combines extensive development experience with a deep track record of successful transactions.
Patrick Fox, Partner at New Energy Capital Partners said, “We are thrilled to be working with Cypress Creek, they have an outstanding management team with an extensive track record of success. We’re pleased to have the opportunity to support them going forward.”
Clean energy project investor New Energy Capital Partners announced today that it has hired Patrick Fox as a Partner in its Hanover, New Hampshire office. Mr. Fox brings a decade of experience in energy and finance to the firm, most recently as a Director with Hannon Armstrong Capital, a subsidiary of Hannon Armstrong Sustainable Infrastructure Capital. While at Hannon Armstrong, Mr. Fox led and participated in the successful closing of over $250MM of solar, wind and energy efficiency financings.
A consortium of New Energy Capital Partners, North Sky Capital, and EverStream Energy Capital Management today announced that it has closed an investment of $67.3 million to fund the development and construction of utility‐scale solar photovoltaic power projects in Central and Southern California by SunEdison.