Our Team
Over the last decade CleanCapital has leveraged our team’s deep expertise in distributed clean energy to invest more than $1 billion in projects and companies across 30 states and U.S. territories. Today, we develop and build solar and energy storage projects, invest in developer partners, and acquire projects at all stages of the project life cycle. CleanCapital’s reputation as a trusted partner and a long-term asset owner is second to none.
Proven Experience Acquiring and Managing Clean Energy Projects
The Warrior Project is a 6.4 MW solar project located at WM’s closed Mohawk Valley Sanitary Landfill in Frankfort, New York.
Owned and operated by CleanCapital, the project is expected to generate more than 7.6 million kilowatt-hours annually, enough energy to power over one thousand homes. The project will provide clean energy to low-income subscribers within the Expanded – Solar For All (E-SFA) community solar program.
In 2021, we announced that financing the construction of ten projects totaling 29 MW in Howard County, Maryland.
The Howard County PPA is part of the municipal government’s larger Live Green Howard initiative. When all the sites are operational, they will provide at least 60 percent of the County government’s electricity usage, with a greenhouse gas (GHG) emissions equivalent of taking nearly 7,000 cars off the road. The combined anticipated cost benefit to the County over the 25-year life of the contract is more than $1.5 million.
In 2022, CleanCapital secured $71.4 million of tax equity and debt financing for the Howard County portfolio. The debt financing was arranged with CIT, a division of First Citizens Bank, and the tax equity transaction was with Nelnet, Inc. CleanCapital will generate approximately $250 million in tax credits from these projects, making us the sponsor of choice for tax equity investors focused on the renewables market.
