Capital Dynamics has invested in a 5.7MW solar project located in Massachusetts. The project will be, according to the company, will be one of the largest solar projects in New England upon its completion, using more than 20,000 solar modules. It will sell the power produced to three investment-grade rated municipal entities under a 20-year net metering credit agreement. Construction is expected to be completed by early this summer.
Thomas Kubr, Capital Dynamics’ CEO, said: “The investment in this US solar energy project is another stride forward in the successful expansion of our direct infrastructure investment platform and a testament to the CEI team’s expertise in clean energy investing. A project of this size illustrates the rising demand for clean energy and the consequential need for investor capital in clean infrastructure. We are delighted to help meet that need.”