Maduru Oya Solar Power Station

Introducing OYA Renewables, a leader in the North American energy transition

Retrieved on: 
Wednesday, August 24, 2022
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To reflect its transformation from solar developer to a leading renewable energy transition solutions platform, OYA Solar rebrands to OYA Renewables

Key Points: 
  • To reflect its transformation from solar developer to a leading renewable energy transition solutions platform, OYA Solar rebrands to OYA Renewables
    TORONTO, Aug. 24, 2022 /PRNewswire/ - Today marks a new era for OYA, with the rebranding of OYA Solar to OYA Renewables.
  • This change reflects OYA Renewable's broadening scope and scale as an energy transition solutions platform leading the transition to net zero.
  • "As OYA Renewables continues to execute against its strategy of leading the renewable energy transition in North America, we expect to integrate other renewable energy solutions and expand our portfolio to include other clean technologies.
  • OYA Renewables is leading the renewable energy transition with an exceptional track record as a top ten community solar developer.

OYA Solar Selects Two EPCs to Construct New York Community Solar Portfolio

Retrieved on: 
Thursday, August 4, 2022
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"OYA Solar has transformed from a developer of solar projects to an independent power producer over the past two years," remarks Manish Nayar, Executive Chairman of OYA Solar.

Key Points: 
  • "OYA Solar has transformed from a developer of solar projects to an independent power producer over the past two years," remarks Manish Nayar, Executive Chairman of OYA Solar.
  • A leader in community solar in North America, OYA expects to place 38 MW from its New York portfolio in service by 2022 to provide affordable energy to communities.
  • We are committed to developing and operatingsolar projects, with a particular focus on community solar, that incentivize the participation of low-to-moderate income households.
  • Founded in 2009, OYA is the only North American solar platform that is certified as a diverse supplier and minority business enterprise.

OYA Solar Appoints Sebastien Huberti to Vice President, Project Finance

Retrieved on: 
Thursday, June 30, 2022
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TORONTO, June 30, 2022 /PRNewswire/ - OYA Solar, solar developer and independent power producer announced today the addition of Sebastien Huberti to the executive leadership team.

Key Points: 
  • TORONTO, June 30, 2022 /PRNewswire/ - OYA Solar, solar developer and independent power producer announced today the addition of Sebastien Huberti to the executive leadership team.
  • A seasoned executive, Sebastien has over two decades of Power & Renewables Infrastructure finance experience including finance transformation, mergers and acquisitions, and structured financing.
  • "Sebastien is a powerful addition to the OYA team," says Manish Nayar, Founder and CEO of OYA Solar.
  • Sebastien brings to OYA experience in global debt and equity transactions across a broad network of fields, including energy infrastructure, project development, and power generation.

Greenbacker Capital’s debut private equity fund closes near its funding cap

Retrieved on: 
Tuesday, March 8, 2022
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NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Greenbacker Capital Management, LLC (Greenbacker Capital or Greenbacker), announced today that its Greenbacker Development Opportunities Fund I, LP (GDEV or the Fund) has completed fundraising at $142 million, nearly reaching its $150 million hard cap.

Key Points: 
  • NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Greenbacker Capital Management, LLC (Greenbacker Capital or Greenbacker), announced today that its Greenbacker Development Opportunities Fund I, LP (GDEV or the Fund) has completed fundraising at $142 million, nearly reaching its $150 million hard cap.
  • The Funds first institutional investor was a fund managed by Aether Investment Partners, which finalized its commitment in June 2021.
  • Partnering with GDEV allows companies to benefit from the resources of Greenbacker Capital, including access to its technical asset management team.
  • Greenbacker undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in itsexpectations.

OYA Solar announces corporate investment to accelerate company growth

Retrieved on: 
Wednesday, January 19, 2022
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NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- OYA Solar, an emerging independent power producer, announced today that it has raised additional capital, increasing its corporate investment to $35 million.

Key Points: 
  • NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- OYA Solar, an emerging independent power producer, announced today that it has raised additional capital, increasing its corporate investment to $35 million.
  • OYA also recently announced a large capital raise, including both tax equity and preferred equity, for a portfolio of solar projects currently under construction.
  • OYA develops, constructs, and owns solar and battery storage assets, focusing on both community solar and traditional utility-scale grid-tied systems.
  • Founded in 2009, OYA has developed 1,440 MW of solar in the community solar and utility markets in both Canada and the United States.

OYA Solar Announces Tax Equity Partnership with Greenprint Capital

Retrieved on: 
Tuesday, January 11, 2022
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Announcement of OYA Solar's inaugural tax equity financing for four New York community solar projects includes reaffirmation of placed in service dates for 25 MWDCby March 2022.

Key Points: 
  • Announcement of OYA Solar's inaugural tax equity financing for four New York community solar projects includes reaffirmation of placed in service dates for 25 MWDCby March 2022.
  • NEW YORK, Jan. 11, 2022 /PRNewswire/ - OYA Solar ("OYA"), a solar developer and independent power producer, announced today that it has entered into an agreement with Greenprint Capital to provide the tax equity financing for four community solar projects located in New York (25 MWDC).
  • Placing these projects in service marks a pivotal moment for OYA and the construction of its New York portfolio of community solar projects.
  • "We are delighted to have had the opportunity to work in partnership with OYA to facilitate a tax equity investment into its growing platform of U.S. renewable projects," says Peter DeFazio, Managing Director of Greenprint.