Greenvolt Power has successfully acquired two renewable projects and has entered into a development services agreement with RedWind Renewables. Together, they aim to undertake the development of multiple projects across the United States.
This collaboration capitalizes on the respective strengths of both companies, ensuring a heightened level of cooperation that extends to communities nationwide, promoting sustainability.
RedWind Renewables, specializing in utility-scale development of wind, solar, and battery storage systems, brings its expertise to the partnership.
On the other hand, Greenvolt Power, with a focus on utility-scale wind and solar projects and a presence in over 15 countries, contributes its capital strength and a commitment to increased community engagement.
The partnership is optimistic about combining RedWind’s robust local presence in developed communities with Greenvolt’s financial position, aiming to foster sustainable initiatives and community involvement.
Greenvolt Power’s North American country manager, Donald Carrillo, said “We are delighted to announce our cooperation with RedWind Renewables and eager to bring clean energy solutions online together.”
“Developing with local knowledge is crucial to the success of our business and with RedWind’s team of experts, there’s no doubt that we will deliver the most sustainable and socially responsible projects.”
Chief executive of RedWind Renewables, Daniel Rustowicz, added “We are thrilled to work alongside a world-class developer who operates with similar values of integrity, transparency, and candor.”
“This strategic partnership will improve our ability to fully develop projects, from early origination, through construction to the operational phase, and provide greater value to landowners, investors, and communities.”
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