Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Renewable

ForeFront Power and HASI entered into Follow-on Equity Investment

Urja Daily by Urja Daily
April 18, 2023
in Renewable, Solar, Storage
Reading Time: 1 min read
0
ForeFront Power solar project
Share on FacebookShare on TwitterShare on Linkedin

ForeFront Power and HASI have entered into a follow-on equity investment for a portfolio of distributed solar and solar-plus-storage projects located across California.

The transaction, which reached financial close on March 30, 2023, builds upon an initial co-sponsor equity investment for a separate U.S. distributed solar portfolio that HASI made with ForeFront Power in 2022.

RELATED POSTS

KPI Green Bags Solar BoS Order from ABRL

Hindustan Power Signs PPA with UPPCL for 435 MW DC Solar Project

“A second chapter of equity investment by HASI enables ForeFront Power to continue its leadership position in developing behind-the-meter solar and energy storage projects for the benefit of our customers,” said Michael Smith, CEO of ForeFront Power. “Solar is a mature technology that provides long-term returns to investors, while reducing electricity costs for customers and eliminating carbon emissions from the power grid.”

“We are excited to expand our relationship with ForeFront Power with this latest investment in a diversified C&I solar portfolio,” said Susan Nickey, Chief Client Officer of HASI. “ForeFront Power’s exceptional team has demonstrated their ability to deliver and operate high-quality solar and storage projects that meet pro forma expectations, and we look forward to continuing to support their growth.”

The portfolio comprises 48.5 MW-DC of commercial and industrial ground-mounted, carport, and rooftop solar, including several projects paired with battery storage totaling 3.7 MW. Approximately 36 MW of the distributed assets are mechanically complete and were funded at financial close, while the remaining projects will be funded upon completion through year-end.

Added Smith: “ForeFront Power will continue to steward customer relationships across the entire portfolio and provide its customers and co-sponsor with ongoing energy asset management services.”

 

Tags: Battery StorageForeFront PowerHASISolar Energy
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

KPI Green

KPI Green Bags Solar BoS Order from ABRL

by Palak
August 8, 2025
0

KPI Green Energy Limited (KPI Green), a subsidiary of KPIG Energia Private Limited, has received a letter of award from...

Hindustan Power

Hindustan Power Signs PPA with UPPCL for 435 MW DC Solar Project

by Palak
August 8, 2025
0

Hindustan Power has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for a 435 MW...

Energy Vault

Energy Vault to Deliver Battery Energy Storage Systems for Projects in Michigan

by Palak
August 8, 2025
0

Energy Vault has signed an agreement with Consumers Energy to deliver two battery energy storage system (BESS) projects totalling 75...

EIFO

EIFO Commits £500 Million Financing for UK Offshore Wind Project

by Palak
August 8, 2025
0

The Export and Investment Fund of Denmark (EIFO) has provided a £500 million project finance guarantee for the East Anglia...

GAIL

GAIL floats EPC tender for floating solar project in Uttar Pradesh

by Palak
August 7, 2025
0

GAIL India Limited (GAIL) has issued an engineering, procurement, and construction (EPC) tender to set up a 17.5 MW (AC)...

Next Post
Summit Ridge Energy Quad Avenue

Summit Ridge and Black Bear announce 17 MW of Solar Installations

Gogoro EnelX PowerGrid

Gogoro And Enel X Accelerate Taiwan's Energy Transition

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Mr.Maharana Ray

OPG Mobility Appoints Maharana Ray as President & Chief Growth Officer to Drive Strategic Expansion

August 8, 2025
KPI Green

KPI Green Bags Solar BoS Order from ABRL

August 8, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

OPG Mobility Appoints Maharana Ray as President & Chief Growth Officer to Drive Strategic Expansion

KPI Green Bags Solar BoS Order from ABRL

Hindustan Power Signs PPA with UPPCL for 435 MW DC Solar Project

Energy Vault to Deliver Battery Energy Storage Systems for Projects in Michigan

Italy Launches €15.9 Million Tender to Boost Solar Energy Deployment

EIFO Commits £500 Million Financing for UK Offshore Wind Project

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved