Green Bridge Energy and Partners Launch $500 Million Financing Initiative for Middle-Market Renewable Energy Projects
October 31, 2024
Green Bridge Energy, Archetype Energy, and Climate Commodities have established a strategic framework agreement to deliver $500 million in programmatic financing for middle-market renewable energy projects.
This partnership is designed to facilitate the deployment of decentralized renewable energy infrastructure, meeting the rising demand from corporations, municipalities, and large-scale reshoring initiatives.
The agreement tackles a significant gap in the renewable energy sector by offering comprehensive project development and financing solutions to corporations, independent developers, and other industry stakeholders. This collaboration will provide essential resources and expertise to accelerate the growth of decentralized renewable energy infrastructure, addressing the rapidly increasing market demands.
“For many years, the commercial and industrial (C&I) segment of the renewable energy market has not been viewed as broadly investable, but with the right approach and the right partners, we are changing that,” said Byrne Huddleston, Green Bridge Energy CEO. “Green Bridge Energy’s platform provides the foundation, and coupled with the deep expertise on our team, we are enabling these high-performing middle market clean energy projects to be built. We are confident this strategic partnership will allow us to continue our momentum and give the C&I segment a massive boost.”
“We are focused on delivering innovative, tailored solutions for the middle market, which positions us to meet the rising electricity needs fueled by the growth of artificial intelligence and other emerging trends,” said Chris Ihler, Chief Executive Officer of Archetype Energy. “This partnership will help expand the development of clean energy infrastructure nationwide, delivering efficiency and scalability where it’s needed most.”
“Our combined expertise and proven track records make us uniquely qualified to execute and scale decentralized renewable energy infrastructure projects,” said John Jose, Chief Financial Officer of Climate Commodities. “This collaboration enhances our ability to serve the rapidly expanding clean energy market while solidifying our commitment to driving the energy transition forward.”
Related
Search
RECENT PRESS RELEASES
Related Post