SolRiver Capital Completes First of Six of Its Oregon Community Solar Program Projects
SolRiver is committed to bringing community solar online for the residents of Oregon
DENVER, May 10, 2023 (Newswire.com) - SolRiver Capital (www.solrivercapital.com), a prominent clean energy investment fund, announces the successful completion of the Green Project, a 3.7 MW community solar project in Jefferson County, Oregon. This project is the first of six in a 21 MW portfolio participating in the Oregon Community Solar Program. Konisto Companies designed and built Green, and will bring SolRiver's remaining five projects online by the end of 2024.
The Green Project is now available for subscription to the Oregon community. Located in Jefferson County, it will provide clean energy to 750 Oregon residents, which will help avoid 2,755 metric tons of CO2 emissions. Interested residents may find more information on the Oregon Community Solar program website.
"SolRiver is excited to have completed Project Green, which represents a significant milestone in our mission to bring the benefits of community solar to as many Oregonians as possible," said SolRiver Capital Partner Nick Gazzolo. "We are confident that this project and the others to follow will help to create jobs, reduce energy costs for residents, and contribute to Oregon's broader clean energy objectives."
Konisto Company is equally committed to bringing Oregonians cheap and renewable energy. "The completion of Project Green signals our commitment to bringing the rest of SolRiver's portfolio to operation so that the people of Oregon may benefit from the Oregon Community Solar Program," said Christopher Sill, President of Konisto.
SolRiver is looking for opportunities to invest in the development and construction of other community solar and storage projects across the U.S. Brandon Conard, Managing Partner of SolRiver Capital, explained, "Our continued commitment to advancing Oregon's renewable energy goals through community solar initiatives is an exciting development that will undoubtedly reduce energy costs, and promote a cleaner, more sustainable future for the state."
About SolRiver Capital
SolRiver Capital is a clean energy investment fund dedicated to financing the acquisition, development, and construction of distributed generation and utility-scale projects. Focusing on solar and storage, SolRiver owns and operates over 200 MW of projects across the U.S. from Oregon to New York. Founded in 2016, SolRiver's team combines top-tier developers, financial professionals, and operational experts with over 15 years' experience each. SolRiver utilizes a streamlined approach to underwriting and transactions, allowing it to close and fund projects quickly. For more information on SolRiver Capital, visit www.solrivercapital.com.
Source: SolRiver Capital
