
Investment in an energy savings performance contract (ESPC) project with Ameresco to significantly enhance the electric infrastructure and resiliency posture of the U.S. Coast Guard Training Center in Petaluma, California. The microgrid combines existing distributed backup generators with a new 5 MW solar array and a co-located 11.6 MWh battery energy storage system to power the entire site in the event of a utility loss.

Preferred equity investments in 10 operating utility-scale wind projects.

Balance of plant investment involving the purchase of land, other rights-of-way and financed transformers, a substation, and distribution lines for a utility-scale 200 MW wind project.

Structured equity investment with Lightsource bp in a 288 MW portfolio of two utility-scale solar projects in Texas: the 163 MW Starr Solar project in Starr County, and the 125 MW Second Division Solar project in Brazoria County. The projects are backed by long-term power purchase agreements with high-credit quality corporate offtakers and will power over 50,000 homes while abating 381,000 metric tons of carbon emissions annually. Read more.

Acquisition of 4,000 acres of land and associated leases with utilities and solar sponsors, supporting dozens of utility-scale solar projects with a capacity of nearly 700 MW.

Senior debt investment with Bioenergy Devco in an anaerobic digestion food waste to renewable natural gas (RNG) facility located in Maryland. Read more.

Investments in mitigation credits for wetland and stream restoration projects across four states.

Construction and ITC bridge loan financing with Vision RNG to develop two landfill gas-to-RNG facilities at WIN Waste Innovations' Ohio landfills. The projects are expected to initially produce over 2 million MMBtus of RNG annually, with production projected to double within 11 years. Our investment will help reduce approximately 120,000 tons of fossil-based CO2 emissions annually, equivalent to emissions from over 12 million gallons of gasoline. Read more.

Land financing with Arevon for the 200 MW Peregrine Energy Storage Project in San Diego’s Barrio Logan community. This standalone battery energy storage system (BESS) enhances grid stability by storing electricity and delivering it during periods of peak demand or outages, thereby reducing the risk of brownouts and blackouts. Capable of powering up to 200,000 homes during high-demand periods, Peregrine supports greater integration of low-cost, homegrown renewable energy, helping reduce electricity costs. The project also contributes to the economic prosperity of the Barrio Logan community with an expected $28 million in property tax revenue generated over its lifetime. Read more.

Investment in our separate projects to slow pollution runoff into downstream waterways across the Chesapeake Bay region.