Tuesday, 31 March 2015
Last updated 8 min ago
Feb 20 2009 | 10:39am ET
U.S.-based solar power developers CarbonFree Technology and SolEquity have merged operations.
Both companies specialize in identifying, financing and developing solar power installations via Power Purchase Agreements (PPAs) and Solar Services Contracts. Together, they have developed or financed solar installations worth over $40 million and produced 6MW for institutional customers. The companies have a strong pipeline of 2009 projects in Arizona and other U.S. and Canadian locations.
“The SolEquity team are leaders in the Arizona solar market, and we are thrilled to be joining forces with them,” said CarbonFree CEO David Oxtoby in a statement. “The merger also helps us achieve a number of operational and financing synergies.”
SolEquity CEO Lee Feliciano says the newly merged company will have the resources to expand its Arizona operations, taking advantage of that state’s “huge potential” for solar power.
The merged company will operate under the name CarbonFree Technology, with its U.S. headquarters in Scottsdale, plus offices in the Baltimore area and Toronto, Canada.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…