SAN DIEGO, August 06, 2024–(BUSINESS WIRE)–Bridge Renewable Energy, a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), Solaris Energy and WATTMORE, are pleased to announce the successful closing and commissioning of 1.8 MW. of solar and storage projects across multiple facilities on the Rincon Reservation in San Diego County, CA. The agreement marks the completion of nearly three years of planning, design, grant writing and financial modeling.
“We are very happy to move forward with this new project and we are committed to providing renewable energy to our people, residents and businesses in our reservation. Together with our new partners, we are building advanced solar energy + keeping our energy carbon neutral, and reducing our monthly energy costs,” said Rincon Tribe Chairman Bo Mazzetti.
“We are excited to have reached this milestone and are grateful for our partnership with the Rincon Tribe. We believe this project demonstrates the unique value that solar and electric energy projects can bring to communities. of terms, community and other business processes. We extend our appreciation to all involved in this transaction and look forward to helping to bring the project to fruition,” said Adam Haughton of Bridge Renewable Energy.
Solaris Energy and WATTMORE have developed this project using complementary resources to integrate the recommendations from the new Price Protection Law signed into law in 2022 with State and federal subsidies, which allows economic growth and the effect for the Family and investment partners Bridge. Renewable Energy.
“We are proud to bring our passion for innovative, impactful, generational projects and decades of renewable funding and development expertise to help bring this project to fruition,” said Solaris Energy CEO, Nick Perugini. “We are grateful for the continued commitment of the Tribe and our partners to secure and support the funding, as well as Prosper Sustainability, Microgrid Initiatives, the Department of Energy and the California Energy Commission who have all committed significant resources and are doing a great job. unique to get money. we get to this point,” added Perugini.
WATTMORE’s CEO, Jonathan W. Postal (JW), said, “Solar energy storage is the key to our clean energy future. This project is a great example of perseverance and commitment to multimodal integration. of technology together to drive carbon reduction and reduce carbon. cost savings for the big customer.”
ABOUT CULTURE:
The Rincon Band of Luiseño Indians is an independent government recognized by the United States of America. The Tribe owns Harrah’s Resort in Southern California and uses profits from these and other business ventures to provide government services including tribal protection and environmental sustainability; economic development; health and cultural programs; and tribal council. Aside from the cost to taxpayers, Rincon’s public safety operation responds to emergencies in neighboring communities, with more calls being generated outside of the Reservation. Rincon tribal businesses contribute significantly to the San Diego County economy through job creation, revenue generation, purchases of local products and services and charitable donations. More information can be found at: rincon-nsn.gov.
About Solaris Energy
Grown from non-profit roots, Solaris Energy is a Colorado Public Benefit Cooperative and Certified B Corporation of employees providing experienced, value-driven solar development, financing and asset management services. . The company accelerates the widespread deployment of solar energy equipment and storage solutions by offering non-residential customers affordable financing to reduce their environmental impact, increase their bottom line, and contribute in the global transition to renewable energy. Solaris Energy’s dedicated team of enthusiasts has been providing these services since 2008, building a strong track record of proven and affordable renewable energy solutions for all user sectors they are strong.
For more information visit: solarisenergy.com | LinkedIn | Facebook
About WATTMORE
WATTMORE specializes in AI-driven software tools and services to power the green energy industry to grow faster. The WATTMORE Intellect EMS platform is a state-of-the-art SaaS and Enterprise engine built to help utilities, developers and property owners optimize and monetize energy savings. Follow WATTMORE on LinkedIn, Twitter and Facebook for the latest product information and industry trends.
About Bridge Investment Group
Bridge is a leading manager of alternative investments, divided into specialized asset classes, with approximately $48.0 billion in assets under management as of March 31, 2024. credit, renewable energy and secondary policies.
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Names
Janna Shaw
Director of Communications and Business Development
303.746.2147 (m)
Janna.shaw@solarisenergy.com
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