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Conti Solar has received a strategic investment from a fund managed by Ares EIF. Expected to close at the end of April, the investment will give Ares EIF a majority ownership stake in Conti Solar with a minority position retained by The Conti Group. Terms of the transaction were not disclosed. The company will continue to operate as Conti Solar, maintain its current offices, and be managed by its current executive team. The Conti Group will continue to be involved in the oversight and strategic direction of the company
New Jersey legislators have passed a bill which, if approved by the state governor, will direct the New Jersey Board of Public Utilities (BPU) to accept applications for the project and make a final determination within 90 days
April 12, 2018
The Wyoming Public Service Commission issues a Certificate of Public Convenience and Necessity for the project
April 11, 2018
BP Plc has commissioned Tesla to provide batteries for the energy storage component of the project
BP Plc has commissioned Tesla to provide batteries for the energy storage component of the project. It is expected to be completed in the second half of 2018
April 11, 2018
Starwood Energy and Ares Management/EIF Group are seeking a buyer for the project
April 11, 2018
Starwood Energy and Ares Management/EIF Group are seeking a buyer for the project
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