Captona and Scale Microgrids have closed on and funded a portfolio of group photo voltaic and microgrid property in New York and California.
The funding furthers Captona’s most popular fairness technique and allows Scale to optimize the worth of their funding tax credit, the businesses say.
“Captona is thrilled to finish one more funding by way of our quickly increasing most popular fairness technique,” provides Izzet Bensusan, CEO and founding father of Captona.
“This portfolio of microgrids and group photo voltaic initiatives present dependable, sustainable power options that improve power independence and grid resilience. As an power transition funding agency, we discover these asset lessons to be an amazing match inside our current portfolio of RNG, gas cells, storage and photo voltaic.”
The initiatives have all been positioned in service. Scale will proceed to personal, function and keep them.
Kirkland & Ellis served as counsel for Captona. Allen Overy Shearman served as counsel for Scale Microgrids.
