In the U.S, climate change policies such as the Renewable Portfolio Standards (RPS) increase the demand for utility scale renewable energy projects. In contrast to commercial scale projects, utility scale projects require an advanced skill set in site acquisition and entitlement, streamlined construction planning and implementation, and deep knowledge in structure finance transactions. With over 15 years in development experience and a thorough knowledge of structured financial transactions Solar Managers strives to deliver projects on time with safety, environmental stewardship, speed to market and quality in mind. Our attention to detail in all these areas results in high reliability and availability of our generating assets. Solar Managers refers to our vision to bring utility scale projects on time to the mission critical requirement of large-scale renewable energy projects throughout the US.
Our Story
Solar Managers develops, finances, and operates utility scale photovoltaic projects. Solar Managers provides end-to-end solutions for utilities addressing the growing demand for utility scale renewable energy projects in the U.S. The company’s projects represent greater than 170 MW in generating assets, with selected projects consisting of:
Alpaugh 50: A 50 MW PV solar project in central California
Alpaugh North: A 20 MW PV solar project in central California
Atwell: A 20 MW PV solar project in central California
White River: A 20 MW PV solar project in central California
Corcoran: A 19.75 MW PV solar project in central California
Central Valley: A 19.75 MW solar project in central California
Central Valley II: A 19.75 MW solar project in central California
In aggregate, Solar Manager's selected projects above represent over $500m in gross revenue.
Partnerships
Because Solar Mangers, LLC became partners with Samsung and SPS, ENCO Utility Services, LLC (a wholly owned subsidiary of Solar Managers that operates and maintains municipal utilities) realized the following EPC and O&M Revenues:
SPS:
EPC - $22.3 Million
O&M – $2.3 Million
Electric District No. 3 (AZ):
EPC - $34.2 Million
O&M - $45.0 Million
Moreno Valley Utility Services:
EPC - $7.6 Million
O&M - $25.0 Million
Winter Park Utility Services:
O&M - $45.2 Million
TOTAL EPC Revenue: $64.1 Million
TOTAL O&M Revenue: $117.5 Million
The well positioned ownership of ENCO and Solar Managers gives joint resumes for the rapidly expanding renewable energy opportunities over the next several years
Moreno Valley EPC will be even more significant as normal build out continues and the World Logistics Center becomes a reality in future years