True Green Capital Management LLC Acquires 20.3 Megawatts of Operating Solar Assets
The acquisition consists of six projects located across the
"This transaction marks TGC's second take private of
"As operating assets mature, technical expertise becomes a key driver of long-term value creation. Our differentiated in-house asset management and repowering capabilities allow us to capture value-enhancing opportunities, optimize performance, and generate meaningful upside for our investors," said
Shoosmiths served as legal counsel to TGC.
About True Green Capital Management LLC
True Green Capital Management LLC is a specialized renewable energy infrastructure fund manager with a focus on distributed power generation in the U.S. and Europe. The Firm is based in Westport, Connecticut with an office in London, England.
Founded in July 2011, TGC is led by a team of professionals with a proven track record and a demonstrated capacity to originate, finance, construct, and operate distributed renewable power generation projects.
TGC believes the increasing demand for power especially from data centers and the electrification of buildings and transport, the continued increase of power prices, decreasing entry costs of distributed power generation technology and the efficiency of creating and delivering price-competitive electric power and storage at the source will continue to lead to compelling investment opportunities which provide a stable cash flow stream with low correlation to the broader markets.
TGC is currently focused on the approximately $1.5 trillion distributed power generation market in the U.S., the UK and the EU with an emphasis on the sub-utility scale solar power segment1. Thanks to power industry deregulation combined with rapid advancements in technology, the economics of distributed power generation, including solar and batteries, are now competitive with traditional electricity generation sources. In many U.S. states and key European jurisdictions, it represents one of the few sources of new power generation infrastructure that can be added to the power network quickly, reliably, and cost efficiently. To date, TGC has invested over $2.3 billion into distributed solar power generation and storage assets across 18 U.S. states, the United Kingdom and France, delivering clean, renewable energy.
1 https://www.globenewswire.com/news-release
Media Contact: [email protected]
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SOURCE True Green Capital Management LLC
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