Ares Management investuje 200 milionů do Solar Developer DSD

A fund managed by Ares Management's infrastructure and power strategy has made a 200 million (€178.2 million) preferred equity investment in US solar developer DSD Renewables.

Společnost DSD, podporovaná společností BlackRock Real Assets, byla v polovině roku 2019 vyčleněna z General Electric jako nezávislý developer, finančník, aktiva na komerčním a průmyslovém (CI) trhu, kterou provozuje vlastník a provozovatel. Od té doby společnost také expandovala do komunitních solárních akvizic a akvizic aktiv a spustila svou vývojářskou síť a platformu DSD Connect.

DSD intends to use the new funding to support its expanding project pipeline, expand its development network, support corporate needs, and fund asset acquisitions, the company said. The company's backlog of contracts and award-winning projects has surged by 150 percent in 2021, and its current pipeline exceeds 1 kilowatt of solar and energy storage.

Greg Fabso, chief financial officer of DSD, said: "The investment in Ares, coupled with the continued support of BlackRock Real Assets, will allow us to strategically build more of renewable energy projects, working with new partners and expanding our asset base to further scale." (1.0 = €0.891)