Archive: August 2016
Nexamp Project Developer Michael Cucchiara explain in New England Real Estate Journal how C-PACE expands access to the benefits of solar to thousands of small and medium-sized businesses and property owners who otherwise may not have the operating history or balance sheet to attract affordable financing for their own solar projects.
Mitsubishi Corp. unit Diamond Generating Corp., the owner of wind and natural-gas fired power plants in the U.S., is acquiring a minority stake in the Boston-based solar developer Nexamp Inc. The deal marks Diamond’s first step into solar power, Paula Zagrecki, the Los Angeles-based company’s vice president of project finance & distributed energy resources, said in an interview Tuesday.
Mitsubishi Corp.’s road into the US solar business has taken the Japanese conglomerate to Liberty Square in Boston’s Financial District. That’s the home of Nexamp Inc., the solar developer and installer that sold a “near majority” stake to a Mitsubishi energy subsidiary on Monday.
Mitsubishi Corp.'s energy subsidiary, Diamond Generating Corp., has acquired a near-majority stake in Boston-based energy developer Nexamp.
Diamond Generating Corporation, a leading independent power company and wholly-owned subsidiary of Mitsubishi Corporation, today announced a corporate investment into Nexamp, a leading provider of solar energy solutions, headquartered in Boston, MA. Through its distributed generation subsidiary, Rising Sun Solar, LLC, Diamond and Nexamp together will develop, construct and operate distributed-scale solar power plants nationwide.
We are proud to join the White House and the Department of Energy's Clean Energy Savings for All Initiative to bring 1 Gigawatt of solar to low- and moderate- income families. As we work towards this goal, Nexamp is happy to announce 17 new Community Solar projects to be built by the end of 2016!