CohnReznick Capital Advises Sol Systems on the Formation of its Joint Venture with Capital Dynamics
Sol Customer Solutions (“Sol”), the solar energy development business of Sol Systems LLC, has announced a partnership with Capital Dynamics’ Clean Energy Infrastructure (“CEI”) business.
The newly formed partnership will provide institutional investors direct exposure to the rapidly expanding distributed generation sector while enhancing Sol Customer Solutions’ growth as a market leader in the development of projects for commercial, municipal and educational customers.
CohnReznick Capital acted as exclusive financial advisor to Sol Systems on the transaction, providing structuring, due diligence, and negotiation support.
“CohnReznick Capital is pleased to have advised Sol Systems on this transaction, which brings one of the most experienced solar finance and development platforms in the United States together with a leading investor in the clean energy sector,” said Gary Durden, Managing Director at CohnReznick Capital.
For additional details on this transaction, please contact:
Gary Durden
Managing Director
gary.durden@crc-ib.com
For the full press release, please click here.
About Sol Systems
Sol Systems is a leading, national solar energy finance and development firm with an established reputation for integrity and reliability. Since 2008, Sol Systems has delivered more than 850 MW of solar projects for Fortune 100 companies, municipalities, counties, utilities, universities and schools. Sol now manages over $650 million in solar energy assets for utilities, banks, and Fortune 500 companies.
Sol Customer Solutions, previously the solar energy development business unit of Sol Systems, is now a partnership entity of Capital Dynamics and Sol Systems. Learn more at www.solsystems.com.
About Capital Dynamics’ Clean Energy Infrastructure
Capital Dynamics’ Clean Energy Infrastructure (CEI) team holds extensive expertise in investing, financing, owning and operating conventional and clean energy businesses globally. Established to capture attractive investment opportunities in this class of real assets, Capital Dynamics’ CEI mandate is to invest directly in proven clean energy technologies – such as solar, wind, biomass, conventional gas generation and waste gas-fueled power generation – across the globe. The CEI team currently manages 4.7 GW of power generation across more than 100 projects in the United States and Europe.
About Capital Dynamics
Capital Dynamics is an independent global asset management firm focusing on private assets including private equity, private credit, clean energy infrastructure and clean energy infrastructure credit. Capital Dynamics offers a diversified range of tailored offerings and customized solutions for a broad, global client base, including corporations, family offices, foundations and endowments, high net worth individuals, pension funds and others. The firm oversees more than USD 16 billion in assets under management and advisement. Capital Dynamics is distinguished by its deep and sustained partnerships with clients, a culture that attracts entrepreneurial thought leaders and a commitment to providing innovative ideas and solutions for its clients.
Founded in 1999 and headquartered in Zug, Switzerland, Capital Dynamics employs approximately 1503 professionals globally and maintains offices in New York, London, Tokyo, Hong Kong, San Francisco, Munich, Milan, Birmingham, Dubai and Seoul. For more information, please visit: www.capdyn.com.
About Us
At CohnReznick Capital, we provide superior investment banking services to the sustainability sector. Since 2008, we have executed more than 130 project and corporate transactions for renewable energy assets valued at over $19 billion in aggregate. As the #1 ranked Renewable Energy Financial Adviser by IJ Global Magazine, we deliver exceptional services for financial institutions, infrastructure funds, strategic participants (IPPs and utilities), and leading global clean energy developers. Our team of experts help our clients break through the dynamic and evolving sustainability sector by simplifying project finance, M&A, capital raising and special situations. To learn more, please visit https://crc-ib.com, follow @CR_Capital on Twitter, and connect with us on LinkedIn.