Renewvia Secures $15M in Development Capital to Accelerate 2GW Utility Scale Solar and Storage Pipeline

×

Error message

  • Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).

ATLANTA, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Renewvia Energy Corporation, a leading global solar development and installation firm, is excited to announce the execution of a $15M development loan for large-scale utility solar projects with Treehouse Development Finance, a leading financier of renewable energy projects and an affiliate of Treehouse Investments. Renewvia Energy Corporation is developing a 2 GW pipeline of solar and storage projects, consisting of 150-450MW in the TVA, MISO, and SERC regions. Seth Stulgis, Director of Development, was hired in 2021 and brings 15 years of expertise spanning development, finance, and manufacturing, "Securing a significant capital commitment from a reliable financing partner will accelerate our goal of deploying significant amounts of solar across the US. This partnership capitalizes on the strengths and expertise of both Renewvia Energy Corporation and Treehouse Development Finance to deliver utility-scale renewable energy projects that will reduce carbon emissions and foster a greener planet for future generations." The partnership aligns with Renewvia's mission to drive the transition to clean energy solutions, benefiting the environment and local communities. It will also bring significant economic benefits to rural communities across the US. "The Renewvia team has significant experience in the renewable energy sector, including development, construction, and financing. We are excited to support their long-term development strategy and look forward to helping them achieve their business objectives as they develop utility-scale clean energy projects in the southeast United States," said John Brown, Chief Development Officer at TDF.

Metadata
Provider: 
PR NewswirePR Newswire
Retrieved on: 
Wednesday, November 8, 2023
Information
Tags: 
GW, Environment, TVA, MISO, Carbon, Partnership, TDF, SERC, Renewable energy
Geotags: 
UNITED STATES
⚠ partially generated by AI ↴
Organisation: 
RENEWVIA ENERGY, RENEWVIA ENERGY CORPORATION, TREEHOUSE DEVELOPMENT FINANCE
Summary
Key Points: 
  • Renewvia Energy Corporation, a leading global solar development and installation firm, is excited to announce the execution of a $15M development loan for large-scale utility solar projects with Treehouse Development Finance, a leading financier of renewable energy projects and an affiliate of Treehouse Investments.
  • Renewvia is developing a 2 GW pipeline of solar and storage projects, consisting of 150-450MW in the TVA, MISO, and SERC regions.
  • ATLANTA, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Renewvia Energy Corporation, a leading global solar development and installation firm, is excited to announce the execution of a $15M development loan for large-scale utility solar projects with Treehouse Development Finance, a leading financier of renewable energy projects and an affiliate of Treehouse Investments.
  • Renewvia Energy Corporation is developing a 2 GW pipeline of solar and storage projects, consisting of 150-450MW in the TVA, MISO, and SERC regions.




Renewvia Secures $15M in Development Capital to Accelerate 2GW Utility Scale Solar and Storage Pipeline

Renewvia Energy Corporation, a leading global solar development and installation firm, is excited to announce the execution of a $15M development loan for large-scale utility solar projects with Treehouse Development Finance, a leading financier of renewable energy projects and an affiliate of Treehouse Investments. Renewvia is developing a 2 GW pipeline of solar and storage projects, consisting of 150-450MW in the TVA, MISO, and SERC regions.

ATLANTA, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Renewvia Energy Corporation, a leading global solar development and installation firm, is excited to announce the execution of a $15M development loan for large-scale utility solar projects with Treehouse Development Finance, a leading financier of renewable energy projects and an affiliate of Treehouse Investments. Renewvia Energy Corporation is developing a 2 GW pipeline of solar and storage projects, consisting of 150-450MW in the TVA, MISO, and SERC regions. Seth Stulgis, Director of Development, was hired in 2021 and brings 15 years of expertise spanning development, finance, and manufacturing, "Securing a significant capital commitment from a reliable financing partner will accelerate our goal of deploying significant amounts of solar across the US. This partnership capitalizes on the strengths and expertise of both Renewvia Energy Corporation and Treehouse Development Finance to deliver utility-scale renewable energy projects that will reduce carbon emissions and foster a greener planet for future generations." The partnership aligns with Renewvia's mission to drive the transition to clean energy solutions, benefiting the environment and local communities. It will also bring significant economic benefits to rural communities across the US. "The Renewvia team has significant experience in the renewable energy sector, including development, construction, and financing. We are excited to support their long-term development strategy and look forward to helping them achieve their business objectives as they develop utility-scale clean energy projects in the southeast United States," said John Brown, Chief Development Officer at TDF.

"The Renewvia team has significant experience in the renewable energy sector, and we are excited to support their long-term development strategy", said John Brown, Chief Development Officer at TDF.

About Renewvia Energy Corporation:

Renewvia Energy Corporation is a leading global renewable energy development and installation company with a strong commitment to advancing clean energy solutions. Renewvia Energy Corporation has four lines of business: utility-scale solar development; US commercial and industrial solar development and installation projects executed in 20 states; a carbon blockchain-based trading platform; and is the largest provider of microgrids in Africa. With a track record of successful projects on multiple continents and a dedication to sustainability, the company plays a pivotal role in driving the transition to a greener future.

For more information, please visit www.renewvia.com

Contact: Seth Stulgis, Director of Development, Renewvia Energy Corporation

[email protected] (617) 291 0408

About Treehouse Development Finance:

Treehouse Development Finance, LLC and its loan funds (collectively called "TDF") offer financing to developers for early-stage renewable energy projects throughout North America. Founded in 2020, TDF is a Minneapolis-based subsidiary of Treehouse Investments, LLC, a boutique decentralized infrastructure investment dedicated to addressing climate change. With a wealth of experience, TDF is committed to flexible and innovative financial solutions to support the growth if the renewable energy sector.

For more information, please visit www.treehousedevfinance.com.

Contact: John Brown, Director of Development, Treehouse Development Finance

[email protected] (507) 370 2791

Media Contact

Seth Stulgis, Renewvia Energy Corporation, 1 4047882904, [email protected], renewvia.com

Cision View original content:https://www.prweb.com/releases/renewvia-secures-15m-in-development-capital-to-accelerate-2gw-utility-scale-solar-and-storage-pipeline-301982151.html

SOURCE Renewvia Energy Corporation



Copyright: 
2023 PR Newswire. All Rights Reserved.