Capital Dynamics Signs of a Long-Term 150MW Solar Energy Power Purchase Agreement (PPA) with Hoosier Energy

Capital Dynamics | February 23, 2021

Capital Dynamics CEI, the Clean Energy Infrastructure (CEI) business line of Capital Dynamics, a free worldwide private resource the board firm, and Hoosier Energy, an age and transmission helpful, today announced the marking of a drawn out Power Purchase Agreement (PPA).

Under the conditions of the PPA, Hoosier Energy will buy 150-megawatts (MW) of the force created by the Ratts 2 Solar Project, a CEI-claimed greenfield solar task that is as of now being created in Knox County, Indiana. Arevon Energy Management and Tenaska are co-building up this task and were instrumental in getting and arranging the provisions of the PPA. Development is relied upon to start in 2022 with business activity foreseen in 2023.

"Hoosier Energy's PPA with Capital Dynamics is an important step toward achieving our long-range plan of adding diverse projects to our energy portfolio that focus on lowering costs for our members and reducing our carbon footprint," said Hoosier Energy President and CEO Donna Walker.

"We are extremely pleased that Knox County has been so supportive of the Ratts 2 Solar Project and are grateful for their partnership," said Martin Hahn, CEO of Capital Dynamics. "This project will bring jobs, tax revenue, landowner lease payments and a wide range of additional economic benefits to Knox County. We are looking forward to working with the county and the teams at Arevon Energy Management and Tenaska to bring affordable, clean energy to this community."

"Arevon Energy Management was pleased to play an instrumental role in structuring this agreement so that Hoosier Energy can benefit from cost savings and achieve its carbon emissions reduction goal," said Tiago Sabino Dias, President and CEO of Arevon Energy Management. "Hoosier Energy has been a long-time partner and we applaud their efforts to improve their generation mix that will offer energy savings and reliability to their members."

"It's gratifying to see utilities like Hoosier Energy realize the environmental and cost benefits of renewables and take swift action to add more renewables to their generation mix," said Steve Johnson, senior vice president in Tenaska's Strategic Development & Acquisitions Group. "The Tenaska Solar Ventures team looks forward to working with Capital Dynamics to complete development and bring this project to fruition."

The Knox County Council collectively affirmed the financial improvement arrangement for the Ratts 2 Solar Project In October 2020. The area likewise settled a solar mandate to direct certain specialized parts of the venture. Under the arrangement, the task will pay $2.5 million in financial improvement installments to Knox County over a six-year time span.

Ratts 2 is required to contribute an expected $16 million in expense income over the task life. As indicated by a financial examination led by Gnarly Tree Sustainability Institute, the Ratts 2 Solar Project is assessed to contribute $20.9 million to the Knox County Gross Domestic Product (GDP) during development and $941,000 yearly once the solar venture is operational. It will bring 188 full-time development occupations, all day tasks and upkeep work, and yearly uses on merchandise in overabundance of $363,000 over the venture's normal 35-year life expectancy. The venture will likewise pay an expected $1 million rent installments every year to neighborhood landowners.

About Capital Dynamics

Capital Dynamics is an independent global asset management firm focusing on private assets including private equity, private credit and clean energy infrastructure. Capital Dynamics' Clean Energy Infrastructure is one of the largest renewable energy investment managers in the world with USD 6.6 billion AUM1 and has one of the longest track records in the industry. The CEI strategy was established to capture attractive investment opportunities in the largest and fastest-growing sector of global infrastructure – proven renewable energy technologies, primarily in North America and Europe, across solar, onshore wind, energy storage and related infrastructure with a focus on both utility-scale and distributed generation technologies. The CEI platform's fully-integrated asset management affiliate provides highly-specialized services to ensure optimal performance and value from projects.


The energy ecosystem in Europe is experiencing a significant change. The combined forces of decarbonization and digitization are bringing about major implications on the European power generation. It is tempting to think of fossil-fuelled plants as a casualty of this transformation, embarking on a glide path towards closure.


The energy ecosystem in Europe is experiencing a significant change. The combined forces of decarbonization and digitization are bringing about major implications on the European power generation. It is tempting to think of fossil-fuelled plants as a casualty of this transformation, embarking on a glide path towards closure.

Related News


Vertimass and European Energy Sign Letter of Intent

Vertimass LLC | January 12, 2022

Vertimass and European Energy announced that the companies have completed a Letter of Intent (LOI) to integrate technologies for capturing carbon dioxide and converting it into hydrocarbon products around the world, a result that would reduce emissions of carbon dioxide that contribute to climate change. This unique combination takes advantage of European Energy's expertise in capturing carbon dioxide from waste sources (carbon dioxide produced from anaerobic digestion, power production, fermentations, and cement manufacture) to produce methanol, as well as Vertimass' technology to convert that methanol into jet, diesel, and gasoline fuels and chemicals. The team completed an initial proof of concept laboratory research for coupling their technologies earlier this year. Vertimass looks forward to feeding methanol made from carbon dioxide using renewable electricity by European Energy technology to our unique single-stage reactor to make hydrocarbons. Combining these technologies could not only produce Sustainable Aviation Fuels (SAFs) and other hydrocarbon fuels with net zero carbon emissions but also mitigate climate change by converting carbon dioxide into renewable plastics, thus permanently removing this greenhouse gas from the atmosphere." Charles Wyman, CEO of Vertimass "European Energy is committed to take a central position in the green transition and use so-called Power-to-X processes to bring renewable electricity into sectors that are difficult to electrify directly," observed Søren Knudsen Kær, Head of Technology, Power-to-X of European Energy. "European Energy sees a great potential to expand the application of our renewable e-methanol especially as a feedstock for Sustainable Aviation Fuels through the unique single-stage process from Vertimass." About Vertimass' Technology Vertimass' technology sustainably produces vital fuels and chemicals from methanol, ethanol, and other renewable alcohols with high yields that can dramatically reduce greenhouse gas emissions compared to sourcing these products from petroleum. The simplicity of this single reaction stage results in low capital and operating costs. The technology originated from Oak Ridge National Laboratories operated by UT-Battelle, with Vertimass obtaining worldwide exclusive rights in 2014. Vertimass technology for producing jet fuel and chemicals from methanol derived from carbon dioxide offers ethanol producers, electrical power generation facilities, cement producers, and other sources of carbon dioxide release the ability to reduce greenhouse gas footprints. In addition to helping lower carbon footprints, jet, diesel, and gasoline fuels and chemicals derived from renewable alcohols can improve strategic security, rural economies and international competitiveness. About Vertimass LLC Vertimass LCC is based in Irvine, Calif. The mission of Vertimass LLC is to develop and widely license breakthrough technologies that substantially expand production of sustainable transportation fuels and chemicals that reduce greenhouse gas emissions and improve energy security and domestic economies. Commercialization of proprietary Vertimass technology can overcome the blend wall that currently impedes expansion of ethanol production from multiple sources of biomass and open up large new markets for aircraft and heavy-duty vehicle fuels and for chemicals not currently amenable to ethanol. This is neither an offer to sell nor a solicitation of an offer to buy any security. Such an offer may only be made by means of an offering document that must accompany or precede this information. There is no assurance that this strategy will succeed to meet its objectives. All investments have risk including loss of investment; please see the risk factors section of the offering document. Securities offered through Shopoff Securities, Inc. Member FINRA/SIPC. About European Energy Inc. European Energy develops, finances, constructs and operates wind and solar farms as well as large-scale PtX plants. Based in Copenhagen, Denmark, the company has a strong track record as a renewable energy operator across its 24 countries of operation. Founded in 2004, European Energy has a development pipeline of more than 20 GW of renewable energy projects and is currently constructing more than 1.2 GW of new energy capacity. European Energy has developed a new decentralized production technology that offers green e-methanol identical to fossil methanol, from renewable energy sources and CO2 from bio-waste. E-methanol provides the transport sector and chemical industry a convenient transition to environmentally friendly fuels and chemicals. Our e-methanol has an ultra-high greenhouse gas reduction and is price competitive to similar products such as green bio-products. The process facilitates the re-cycle of CO2 emissions, and the by-products (oxygen and heat) can be used in the industrial sector and for district heating.

Read More



Geekbuying | March 24, 2022

Xiaomi's ecological chain start-up -NAVEE- has launched its new model N65 which provides a high level of performance and leads to an easier, safer travel style. and smart. Shortage of travel distance has always been a major problem for e-scooters. Fortunately, the NAVEE N65 has come a long way in this regard, as it has the ability to travel up to 65 kilometers using a large battery pack and energy recovery technologies. This development is good news for those who get around on e-scooters as they won't have to bother charging their vehicles every day, making their commute that much easier. Another highlight is the powerful 500W motor. With a strong power supply, the NAVEE N65 is capable of accelerating up to 25km/h and climbing a 25% slope while most e-scooters cannot, which which is a much greater effort for those who have to cross ascending slopes on the way to work. NAVEE N65's braking system is safer and more advanced than traditional disc brake. It consists of front EABS and rear disc brake which can stop the scooter quickly and safely. In addition, the NAVEE N65 has large 10-inch tires. Unlike the common 8-inch size, the 10-inch tires can easily cross obstacles and roll smoothly even on bumpy roads, supporting comfortable driving. Apart from the above advantages, NAVEE N65 has more details designed for comfort and intelligence. For example, it has a 17-centimetre-wide footboard with a non-slip silicone mat on which users can stand comfortably, a smart LED dashboard that can be controlled with an app, and three speed modes for different needs. NAVEE N65 also has a considerate folding system with a rotating handlebar that is convenient to fold and carry. In addition, it does not require installation, which saves users installation trouble.

Read More


Signal Energy Energizes 418 MWp Of Clean Renewable Energy

Signal Energy | September 01, 2021

Signal Energy, an EPC contractor based in Chattanooga, TN, announces the completed construction of the 418 MWp Juno Solar Project in Borden County, TX. The project was delivered on time and is now producing enough renewable energy to power the equivalent of 40,000 homes. "Building solar projects of this size during a pandemic and the subsequent strains that it created on resources and logistics require a special determination and expertise to deliver a high-quality project safely and on time," said Ryan Johnson, President of Signal Energy. "The Signal team along with our innovative customer, SB Energy, and our great trade partners, did just that." Signal Energy's mission, We Harness Creative Energy, was exemplified during the entire lifecycle of this project. Perseverance and Stewardship, two of Signal's Core Principles, were clearly demonstrated throughout the construction in a challenging environment and evident to all stakeholders and construction teams at the conclusion of this successful project. Abhijeet Sathe, Co-CEO of SB Energy, said "We are thankful for our construction partner, Signal Energy, for their creative approach to designing and building the Juno Solar Project, which was completed safely and on schedule. Their perseverance through the pandemic, extreme weather events in Texas, and other obstacles thrown in their way shows their total dedication to safety, quality, and to SB Energy." ABOUT SIGNAL ENERGY Signal Energy is a leading design/build general contractor providing engineering, procurement, and construction (EPC) services for utility-scale renewable energy projects across North America. Our innovative engineering and project teams are among the most experienced in the renewable energy industry. With more than 8,000 megawatts of utility-scale project experience, Signal Energy possesses a wide range of expertise in the design and construction of solar, infrastructure, battery storage, and other power projects. ABOUT SB ENERGY SB Energy, a wholly owned subsidiary of SoftBank Group Corp., is a leading utility-scale solar, energy storage, and technology platform. We develop, construct, and own and operate some of the largest and most technically advanced renewable projects across the United States. SB Energy's mission is to provide flexible renewable energy at scale, accelerating the global energy transition, and benefiting our planet, customers, communities, and people.

Read More