Knowing about the large area and optimal conditions, investors in the field of renewable energy greatly appreciate California. With solar photovoltaic systems producing an amount of 1,205 GWh energy a few years ago already and the energy supply of more than 1.3 million households through wind energy clarifies that investors should be aware of the great potential in the development of renewable energy projects in California. And of course they are – in this article three investors in renewable energy projects based in California will be introduced.
1. Kayne Anderson Capital Advisors
The renewable energy investor with headquarter in Los Angeles was founded in 1998 and focuses projects in North America. Since 2013, Kayne Anderson Capital Advisors invests in renewable energy infrastructure by having their asset classes on wind parks (onshore and offshore) as well as solar farms. Ever since, the renewable energy investor applies a unique investment strategy across liquid and private markets and also across the capital structure.
2. Foss & Company
By working with institutional clients around the country, Foss & Company was able to raise almost $7 billion in equity. After the founding in 1983, the tax credit specialist realized socially responsible projects by creating opportunities for underserved people and communities while at the same time counter negative effects of the climate change.
3. Ares Management
By defining sustainability in their core values, the renewable energy investor from Los Angeles strives to generate a positive impact for the environment. While meeting the requirements of their customers on the one hand, they pursue a responsible investment strategy on the other, thus reconciling their two goals.
Image Source: Unsplash, 05.08.2021
