Energy

Corvias Announces Expansion of Solar Energy Program at Fort Riley, Kansas

Today, Corvias announced its latest progress in its continued commitment to assisting the Department of Defense in reaching its goal to provide 100% of the energy load required to sustain the critical mission of each U.S. military installation by the end of FY2030. Later this month, the military family housing partnership between Corvias and the U.S. Army at Fort Riley will kick off construction of phase two of its solar energy program, with Onyx Construction projected to install 385 solar systems throughout the communities on post. Adding to the solar equipment previously installed, the Ft. Riley military housing solar program will soon include a total of 1,646 homes.

“Corvias shares and supports the DoD goal of sustainability, including on-site resilient, renewable energy generation to help our partners achieve their energy security and resiliency goals as outlined by the Department of Defense,” said Peter Sims, Head of Asset Management. “The Corvias solar program also supports our company’s core value of materially improving the communities in which we serve.”

Once complete, the combined solar program from these two phases will be one of the largest solar producers in the state of Kansas. It will offset an estimated forty percent of annual electricity consumed by the on-post family housing and generate 16,000 megawatt-hours in the first year of full operation. That is enough to power 1,456 homes for one year and the equivalent of planting 6 million trees or saving 479,000 gallons of fuel.

Together with the U.S. Army and Air Force, Corvias is strengthening sustainability and resiliency with projects that create military communities that are more energy independent and reduce greenhouse gas emissions. Corvias’ portfolio-based solar program across partner military installations will play a large part in meeting the Department of Defense’s goal to strengthen energy and water resilience and reduce the risk to Army missions posed by utility disruptions affecting installations.

Across its nationwide portfolio of military housing, the Corvias solar program:
  • Generates 30.1 megawatts (MW) of solar energy, enough to power nearly 3,400 homes for a year
  • Includes over 3,500 rooftop and 17,000 ground-mounted solar panels across housing communities at Aberdeen Proving Ground and Fort Meade in Maryland, Fort Riley in Kansas, and Edwards Air Force Base in California
  • Offsets roughly 43% of annual electricity consumption to include future projects slated for construction at three additional military housing projects over the next two years, totaling 44 MW of renewable energy.
  • Reduces energy and water consumption by implementing technology upgrades inside the buildings bringing approximately 16,000 military homes to the highest energy standards available

In addition to this latest solar project, Corvias recently delivered other improvements to the family housing at Ft. Riley, including 32 newly renovated homes in the Rim Rock neighborhood, $16M energy upgrade project across over 3,500 homes, and is on schedule to begin vertical construction on new homes in the Warner Peterson neighborhood.

About Corvias
As a privately-owned company headquartered in East Greenwich, RI, Corvias partners with higher education and government institutions nationwide to solve their most essential systemic problems and create long-term, sustainable value through our unique approach to partnership. Corvias pursues the kinds of partnerships that materially and sustainably improve the quality of life for the people who call our communities home, purposefully choosing to partner with organizations who share our values and whose mission is to serve as the foundational blocks, or pillars, of our nation.

For more than 20 years, Corvias Property Management has applied its resident-first approach to provide housing operations, maintenance, and service support for military and university communities to create safe, high-quality places to live, learn, work and interact. Corvias Property Management manages 35,000 residential units, totaling approximately 50 million gross square feet of real estate across 15 U.S. states, including at 13 military installations and 15 universities.

About Onyx
Onyx is a vertically integrated renewable energy developer headquartered in New York City. With over 160MW of operating assets as of June 2021, Onyx is recognized as a market leader in the development, construction, financing and operation of solar energy project across the United States. Onyx was established in 2014 and is co-owned by funds managed by Blackstone and Sustainable Development Capital LLC (“SDCL”).

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Greenwood Sustainable Infrastructure (GSI)-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

PR Newswire | January 25, 2024

Greenwood Sustainable Infrastructure LLC (GSI), one of the renewable energy subsidiaries of Libra Group, announced that Iyuhána Solar (Iyuhána), a GSI-led partnership with Saturn Power Inc. and Ocean Man First Nation, has been awarded a Power Purchase Agreement (PPA) to construct and operate a 100-megawatt (MWac) utility-scale solar facility in Saskatchewan, Canada. Developed in partnership with Ocean Man First Nation, the project will be one of Canada's top 10 solar facilities by size. Under an exclusive PPA, the largest with a utility in Canada since 2015, Iyuhána plans to invest approximately $200 million (CDN) to construct the solar facility, which it will operate, supplying generated power to the principal municipal utility company, SaskPower, for 25 years. Located in the Rural Municipality of Estevan in southeast Saskatchewan, this emissions-free solar facility will produce enough power for the equivalent of approximately 25,000 homes. "We are proud to bring the transformative power of solar energy to Saskatchewan by working with partners such as Ocean Man First Nation," said Mazen Turk, CEO of GSI. "This unique collaboration shows the power of renewable energy to harness resources and empower communities responsibly. This work is core to our ethos as a Libra company, and we look forward to continuing to help support a clean energy future across Canada and beyond." As a founding partner, Ocean Man First Nation will have an ownership stake in Iyuhána Solar. Band members will also receive specialized training to maintain the solar facilities and employment opportunities with the project. Additionally, partnering with two of Saskatchewan's leading post-secondary academic institutions, Iyuhána will provide scholarships, internships, and direct research projects in clean energy to benefit the community. "Our partnership with GSI and SaskPower will bring great opportunities for Ocean Man First Nation, including employment and revenue that will provide stability and sustainability for our Band," said Chief Connie Big Eagle, Ocean Man First Nation. "We are proud that this project, which is able to generate clean power, will be known as Iyuhána Solar, which, in Nakotah translates to 'everyone' or 'all of us.' This is derived from our Nakotah belief that everyone and everything is related and therefore we must care for each other." While investment in renewable energy grows across Canada, Saskatchewan's clean power supply mix has predominantly consisted of hydro and wind. This is the first of many planned solar projects in the province; by 2035, SaskPower plans to support approximately 3000 MW of new renewable energy capacity in the region. "This new solar facility will play an important role in our path to net-zero by 2050 or sooner," said Rupen Pandya, SaskPower President and CEO. "We are proud of our ongoing collaboration with Indigenous peoples and the critical role they are playing in the successful expansion of renewable energy in our province." GSI is one of four renewable energy subsidiaries of Libra Group, a privately owned, global business group that encompasses 20 businesses in six sectors, including renewable energy, maritime, aerospace and more. The Group's renewable energy portfolio encompasses approximately 3.5 gigawatts (GW) of projects owned, developed, or pending development in 10 countries, including solar, wind, battery storage, and waste-to energy projects. This is the second partnership with an indigenous community led by a Libra Group subsidiary. "Libra Group is proud of this novel partnership, which has come together through shared values and a commitment to driving economic growth and positive outcomes for communities," said Libra Group's CEO Manos Kouligkas. "Sustainability is core to our global business, and we look forward to continuing to leverage synergies across our six sectors in 60 countries with agility and impact." Last year, GSI acquired Saturn Power Inc.'s solar and battery development portfolios, including its team of seasoned developers and an approximate 1.4-gigawatt (GW) pipeline of early- to late-stage solar and energy storage projects. Today, GSI has a footprint across Canada and in 12 U.S. states. About Greenwood Sustainable Infrastructure Greenwood Sustainable Infrastructure (GSI) is one of the clean energy subsidiaries of Libra Group. GSI is a renewable energy company focused on the development, construction, and operation of distributed generation and utility-scale solar energy and battery storage projects in North America. As of January 2024, the company developed approximately 388 MW DC across 71 renewable energy projects, many of which are still owned or operated by GSI and have an additional project pipeline of 1.6 GW. GSI's seasoned team has a proven track record of investing in power assets and partnering with multiple top-tiered investors. For more information on Greenwood Sustainable Infrastructure (GSI), visit: http://www.greenwoodinfra.com/ About Ocean Man First Nation The Ocean Man First Nation is a Nakota, Cree, and Saulteaux Band Government in southeast Saskatchewan. OMFN is led by Chief Connie Big Eagle & Council and features a population of 565 members. Ocean Man First Nation created a renewable energy company in 2019 called Second Wind Power. The name Second Wind Power reflects Ocean Man First Nation's history of relocating, re-establishing and starting over as a new community since 1989. About Libra Group Libra Group is a privately owned, global business group encompassing 20 businesses predominately focused on aerospace, renewable energy, maritime, real estate, hospitality, and diversified investments. With assets and operations in nearly 60 countries, the Group applies the strength of its global network and capabilities to deliver cross-sector insights and growth at scale.

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