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Written by: Leonard Parker | Solar News | 18th November
Green Power Developers, a New Jersey-based solar energy developer, and Rosemawr Sustainable Infrastructure Management, the sustainable infrastructure investment arm of Rosemawr Management, have begun developing, constructing and financing a portfolio of commercial and industrial solar projects across New Jersey.
“New Jersey is our home base and we are excited to continue to deploy solar energy throughout the state,” says Heshy Katz at Green Power Developers. “We especially pride ourselves on meeting the individual needs of each customer, and partnering with Rosemawr has helped us achieve that goal for these projects.”
To date, Green Power and Rosemawr have worked together on six projects that began construction in the past three months, with the expectation of beginning construction on at least an additional three projects before the end of the year. The projects have all been financed using structures that allow the host property owner to retain ownership of each project without requiring any upfront capital. Further, each project provides the host with utility bill savings from clean energy.
“Green Power Developers has built a unique and robust solar development and installation business model that is predicated on delivering efficient solutions for the end user. We are excited about supporting these projects with flexible financing as we continue to grow our sustainable infrastructure portfolio,” states Josh Herlands at Rosemawr.