October 4, 2022

StuffStrife

Enduring Values

Aspen Electric power Partners Expands Development Warehouse Facility with Lombard Odier Investment Managers (LOIM) Sustainable Non-public Credit score Strategy

DALLAS, July 18, 2022–(Business enterprise WIRE)–Aspen Electric power Companions (“Aspen”), a renewables-centered dispersed era system with the dual mission of accelerating and democratizing decarbonization, introduced right now the upsizing of its $25 million senior-secured to start with-lien improvement warehouse facility provided by Lombard Odier Asset Management Corp. (United states of america) on behalf of funds less than its administration. These resources involve the LOIM Sustainable Personal Credit history Strategy managed by Peter Pulkkinen and Rhys Marsh, which was lately backed by the Setting Agency Pension Fund (United kingdom).

The Aspen staff is at this time executing on hundreds of megawatts of solar and storage tasks across California, Maine, Maryland, Massachusetts, New York and Pennsylvania. “Real to our mission, we are performing really hard to get rid of obstructions for prospects and associates in pursuit of gigawatt-scale zero-carbon influence, and this facility even more catalyzes and accelerates our enhancement pipeline. We had been informed of Peter and Rhys’ status at the Avenue Sustainable Answers Method and chosen them at our advancement inflection point because of to their collaborative approach, industry management in sustainable investing, and progressive tactic delivering adaptable, tailor-made credit score solutions to climate-aligned organizations. Our stakeholder-aligned method serves buyers of all cash flow degrees and can help support day to day American people and smaller organizations by offering prolonged-term power bill savings,” mentioned Jorge Vargas, Co-Founder at Aspen Ability Companions.

Aspen’s community photo voltaic, multifamily, and industrial and industrial rooftop jobs are delivering local weather remedies through access to clear distributed strength for customers and businesses throughout all income degrees and tricky-to-attain residence types. Aspen’s advancement and design things to do fortify communities, enable farmers and other landowners maintain their home and livelihoods for long term generations, make properties additional sustainable, aid extra than a thousand local positions, and produce invoice savings for tens of countless numbers of small-and-moderate-revenue households, nearby companies, and other consumers.

For extra details about Aspen Power Companions, please visit aspenpower.com.

ABOUT ASPEN Electricity Partners

Aspen Electricity Associates (Aspen) is a dispersed era system with the dual mission of accelerating and democratizing decarbonization. The company develops and finances community, multifamily, and other dispersed photo voltaic and storage installations enabling consumers of all earnings ranges to access clean up renewable strength. The Aspen workforce is comprised of seasoned professionals across the growth, building, challenge finance and asset administration market. Aspen is headquartered in Dallas, TX with spots throughout the U.S. For more info, please go to aspenpower.com.

ABOUT LOMBARD ODIER Financial investment Supervisors

Lombard Odier Investment decision Supervisors (LOIM) is the asset management division of Lombard Odier Group, the 226 yr-old, independently owned, Swiss non-public financial institution and a leader in sustainable investing. In 2019, Lombard Odier been given B Corp certification from major non-profit B Lab, in recognition of its corporate sustainability practices. With a lot more than 180 investment professionals, LOIM is a world wide company with a network of 13 offices across Europe, Asia and North The usa. The company manages in excess of USD 75 billion in fairness, fastened earnings, and choice belongings for institutions and private consumers (as of 31 December 2021).

Check out resource model on businesswire.com: https://www.businesswire.com/news/property/20220718005239/en/

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