Aspen Creek Energy Holdings and Oakhurst Power Improvement are merging to turn into Headwater Power, an built-in photo voltaic and power storage developer and unbiased energy producer.
The merger is the fruits of a partnership initiated with Aspen’s funding in Oakhurst early final 12 months. Aspen has lent its financing experience to the partnership, with Oakhurst contributing its capabilities to develop and finance tasks throughout all levels of building and operation.
Headwater Power is now positioned to supervise photo voltaic tasks from inception to monetization, leveraging its mixed experience in origination, growth, financing and long-term possession, with a continued deal with Southeast regulated markets.
“This can be a important milestone in a journey that started a few years in the past,” says Patrick Leibach, CEO of Aspen and Headwater Power. “Our management groups have a shared historical past and mutual respect that spans practically a decade, and I’m excited to proceed constructing Headwater Power alongside such a gifted group.”
Headwater has 13 staff, 83 MW of working tasks below possession, seven tasks below building and 4.3 GW of tasks throughout all levels of growth.
