Ares Management investe 200 milhões em Solar Developer DSD
Mar 08, 2022
A fund managed by Ares Management's infrastructure and power strategy has made a 200 million (€178.2 million) preferred equity investment in US solar developer DSD Renewables.
Apoiada pela BlackRock Real Assets, a DSD foi desmembrada da General Electric em meados de 2019 como desenvolvedora independente, financiadora, ativo no mercado comercial e industrial (CI) Proprietário e operador operado. Desde então, a empresa também se expandiu para aquisições de ativos e energia solar comunitária e lançou sua rede de desenvolvedores e a plataforma DSD Connect.
DSD intends to use the new funding to support its expanding project pipeline, expand its development network, support corporate needs, and fund asset acquisitions, the company said. The company's backlog of contracts and award-winning projects has surged by 150 percent in 2021, and its current pipeline exceeds 1 kilowatt of solar and energy storage.
Greg Fabso, chief financial officer of DSD, said: "The investment in Ares, coupled with the continued support of BlackRock Real Assets, will allow us to strategically build more of renewable energy projects, working with new partners and expanding our asset base to further scale." (1.0 = €0.891)
