INTERSECT POWER SECURES $837 MILLION IN PROJECT FINANCING TO BUILD 1 GWH OF BATTERY ENERGY STORAGE SYSTEMS (BESS) IN TEXAS

by Intersect Power | Jul 17, 2024 | Press Releases Houston, Texas, July 17, 2024 — Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced today the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas. The transactions cover portfolio-level construction debt, tax equity, and term debt financing with industry-leading partners. … Continue reading INTERSECT POWER SECURES $837 MILLION IN PROJECT FINANCING TO BUILD 1 GWH OF BATTERY ENERGY STORAGE SYSTEMS (BESS) IN TEXAS

NARMI

Berkshire Bank Leverages Narmi to Extend Its Digital Solutions Through Berkshire One

PRESS RELEASE FROM NARMI NEW YORK — In the latest chapter of a rewarding partnership with Berkshire Bank, Narmi is excited to power the technology behind Berkshire One, an innovative suite of digital-first banking solutions designed to make banking considerably easier for consumers. Berkshire joins other Narmi financial institutions on the FIS IBS core that are leveraging an integrated account opening and digital banking platform to increase core … Continue reading Berkshire Bank Leverages Narmi to Extend Its Digital Solutions Through Berkshire One

TurningPoint Energy

TurningPoint Energy Welcomes David Murray as Director of Business Development

Clean energy advocate will lead business development efforts in Maryland and new U.S. markets DENVER – TurningPoint Energy (TPE), a leader in community solar development in the United States, is pleased to announce that David Murray has joined the company as Director of Business Development. In this role, he will lead TPE’s policy efforts in Maryland and new markets. “We are thrilled to welcome David … Continue reading TurningPoint Energy Welcomes David Murray as Director of Business Development

RISE ROBOTICS

RISE® Robotics Welcomes Hiten Sonpal as New CEO

SOMERVILLE, Mass. – RISE® Robotics is thrilled to announce the appointment of Hiten Sonpal as the company’s new Chief Executive Officer. Sonpal, a seasoned leader in robotics and automation, brings a wealth of experience and a clear vision to drive RISE into its next phase of growth and innovation. “I am excited for RISE because Hiten’s fresh perspective and extensive experience are exactly what we need … Continue reading RISE® Robotics Welcomes Hiten Sonpal as New CEO

H.I.G. Capital

H.I.G. Infrastructure Completes Acquisition of Best Trash

NEW YORK – H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $64 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Best Trash, LLC (“Best Trash” or the “Company”). “We are thrilled to partner with H.I.G. and leverage their significant experience and resources as we enter this next phase of growth. Best Trash … Continue reading H.I.G. Infrastructure Completes Acquisition of Best Trash