CS Energy Completes 33 MW Texas Solar Portfolio

Three utility-scale sites interconnected with two separate utilities

McLennan County, one of the three Texas sites completed by national EPC CS Energy

Edison, NJ, June 30th, 2020 – CS Energy, LLC, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, has successfully completed a portfolio of solar projects in Texas. At 32.7 MWdc, the portfolio will generate enough renewable energy to power more than 5,000 homes each year.

The Texas portfolio is comprised of three separate properties: a 14.5 MW project located in Brooks County; a 7.3 MW site in McLennan County; and a 10.9 MW project in Menard County. 500 miles separate the three sites, which were developed simultaneously. The Brooks County project utilizes Sunfolding racking and the other two sites utilize Array Technologies trackers. CS Energy provided engineering, procurement, and construction (EPC) services for all three sites and successfully managed the project schedules to ensure the portfolio was delivered on time.  

CS Energy has built nearly one gigawatt of projects across the country, and this is the company’s largest project in Texas to date. The team worked directly with individual landowners to address intricate issues like fencing, and while a harsh environment, distant locations, and supply-chain constraints upped the level of complexity of the portfolio, CS Energy’s experienced leadership was able to overcome each obstacle.

“As a national EPC, it’s imperative that our solar projects meet our rigorous standards no matter the conditions,” said Matthew Skidmore, CEO of CS Energy. “I’m proud that we have met the challenges of this multifaceted project and am pleased to deliver a solar energy portfolio that will make clean energy more accessible for the residents and businesses of Texas.”

The Texas solar projects provide power directly to two separate utilities, with the McLennan and Menard County sites supplying energy to Oncor Electric Delivery and the Brooks County site delivering solar power to AEP Energy.

About CS Energy

CS Energy, LLC (formerly Conti Solar, LLC) is a national EPC, O&M, and energy storage company. CS Energy’s attention to detail, flawless execution and collaborative culture has enabled them to successfully design and install nearly 1 GW of solar projects since their early initiatives in 2004. CS Energy leverages established partnerships with solar developers, IPPs, utilities, off-takers, suppliers and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders. Majority-owned by Ares Infrastructure and Power with a minority position retained by The Conti Group, CS Energy is well positioned with a diversified network of industry experts and the financial resources to be a trusted, long-term partner.

Idemitsu Renewables Completes $60 Million Financing for 50 Megawatt Central 40 Solar Project in California

Foundation piles being driven during construction of Central 40, Idemitsu Renewables’ utility-scale solar project a few hours southeast of San Jose, CA.

SAN FRANCISCO — June 29, 2020 — Idemitsu Renewables, the US-based renewable energy business of Idemitsu Kosan Co.,Ltd, announced today it has closed on debt financing for its 50 MWp Central 40 solar project in Stanislaus County, California.

Debt financing was provided by KeyBank National Association. KeyBanc Capital Markets served as sole arranger of the financing.

“This project expands Idemitsu Renewables’ operating business in California,” said Cary Vandenberg, Managing Director of Idemitsu Renewables. “We were happy to build upon our existing relationship with KeyBank and to close a successful transaction even amidst the difficulty of the current COVID environment.”

“As a part of our continuing support for renewable energy, we are pleased to support the growth of Idemitsu Renewables’ solar business in California,” said Andrew Redinger, Manager Director & Group Head, Utilities Power & Renewables at KeyBanc Capital Markets.

The renewable power generated by Central 40 will be sold through a power purchase agreement with Silicon Valley Power, which serves the City of Santa Clara.

About Idemitsu Renewables (formerly Solar Frontier Americas)
Idemitsu Renewables, the U.S. based renewable energy subsidiary of Idemitsu Kosan Co.,Ltd, is a leading solar and storage developer and IPP. The company acquires, develops, owns, and operates utility-scale solar power generation plants; selling the clean energy to help communities both economically and ecologically live in healthier environments. With offices in California and Nevada, Idemitsu Renewables continues to develop its growing pipeline of energy projects. Learn more at https://idemitsurenewables.com/.

About KeyCorp
KeyCorp’s (NYSE: KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $141.5 billion at March 31, 2019. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of over 1,100 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit www.key.com. KeyBank is Member of FDIC.

CS Energy Announces Completion of the Largest Landfill Solar-Plus-Storage Project in Massachusetts

National EPC delivers complex solar plus storage project in just four months

Edison, NJ, June 23, 2020 – CS Energy, LLC, a leading integrated energy firm that designs and builds optimized projects in the solar, storage and emerging energy industries, announced its successful completion of a 4.5 MWdc solar project installed with a 3.8 MWh lithium-ion storage solution on a landfill cap site located in Amesbury, Massachusetts. The largest solar plus storage system to be completed to date is part of a partnership between the City of Amesbury and Kearsarge Energy, an award-winning New England based renewable energy developer and financier who is actively building out its energy storage portfolio.

With close to 1 GW of solar installed to date, including over 160 MW of landfill solar installations, CS Energy is a leading engineering, procurement, and construction (EPC) company. The organization is ranked in the top 20 Solar Contractors in the US by Solar Power World and named the #1 commercial solar installer by Wood Mackenzie with leading market share in Massachusetts, New York and New Jersey. This project was one of the first solar plus energy storage projects to participate in the Solar Massachusetts Renewable Target (SMART) Program.

“CS Energy has a significant market share in the solar-plus-storage business. We are strategically scaling up our energy storage division and growing our register of successfully completed projects,” shared Sean Harrington, Director of Energy Storage of CS Energy. “Our background and experience in landfill solar enable us to foresee challenges and expedite projects. It’s another testament to our energy storage team’s capabilities and dedication.”

“As the owner and operator of the Amesbury landfill project, it was critical that Kearsarge Energy partner with a sophisticated and experienced EPC firm capable of navigating the complexities of landfill solar projects,” said Andrew the Bernstein, Managing Partner of Kearsarge Energy. “CS Energy’s reputation and extensive experience in this specific field, along with its commitments to quality and safety, made the project an unequivocal success.”

CS Energy is a market leader with over 130 MWh of energy storage projects installed or underway in four states. Designing and constructing the Amesbury solar plus storage system required experience in building projects within the allowable limits of the cap design, as well as with the allowable limits of the Department of Environmental Protection’s (DEP) Post-Closure Use Permit (PCUP). The firm’s advanced capabilities and extensive onsite overview enabled the project to meet critical PCUP requirements, including not exceeding the 7-psi ground pressure limit for all activities on the landfill cap. Each construction activity, delivery, and the battery energy storage system was evaluated and designed by CS Energy and approved by an independent engineer for DEP compliance. The result of these efforts is a well-designed solar-plus-storage system that will generate clean, renewable energy (from a previously unusable site) for decades to come.

The Amesbury project went live in January 2020 and is expected to produce 5,600 MWh of electricity each year. To learn more about this landfill solar + energy storage project, visit https://www.csenergy.com/project/amesbury-landfill-solar-plus-storage/.

About CS Energy

CS Energy, LLC (formerly Conti Solar, LLC) is a national EPC, O&M, and energy storage company. CS Energy’s attention to detail, flawless execution and collaborative culture has enabled them to successfully design and install nearly GW of solar projects since their early initiatives in 2004. CS Energy leverages established partnerships with solar developers, IPPs, utilities, off-takers, suppliers, and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders. Majority-owned by Ares Infrastructure and Power with a minority position retained by The Conti Group, CS Energy is well positioned with a diversified network of industry experts and the financial resources to be a trusted, long-term partner.