The Carlyle Group to Partner With Alchemy Renewable Energy

January 28, 2020
Company Announcements Renewable Energy

New Company to Develop, Finance, Acquire, and Operate Renewable Power Generation Projects in the U.S.

“Washington, DC and Springfield, MO – Global investment firm The Carlyle Group (NASDAQ: CG) and renewable energy company Alchemy Renewable Energy today announced that Carlyle, through its newly-established affiliate Cardinal Renewables, has made a $100 million commitment to partner with Alchemy to develop, acquire, finance and operate solar power generation projects throughout the United States.

Founded in 2016, Alchemy provides an innovative full-scope approach to development and tax equity solutions for renewable power generation projects. The Company leverages the expertise and network of its parent company, Monarch Private Capital, which has placed over $1.5 billion of tax credits since 2005. Alchemy will provide asset management services, place tax equity financing, and manage all operations and maintenance services for the renewable power generation projects acquired by Cardinal Renewables.”

Click to read the full release.

Related Posts

NC Chamber – Taxpayers Win Major Victory in North Carolina Renewable Energy Tax Credit Dispute

NC Chamber – Taxpayers Win Major Victory in North Carolina Renewable Energy Tax Credit Dispute

by Ray Starling, President, NC Chamber Legal Institute On April 3, 2023, the North Carolina Business Court issued a decisive victory for taxpayers in a long-running dispute with the North […]

Read More

ESG Perspective and Insights Renewable Energy

Monarch Private Capital Welcomes Walter L. McLeod as Managing Director

Monarch Private Capital Welcomes Walter L. McLeod as Managing Director

Monarch Private Capital, a nationally recognized impact investment firm specializing in the development, financing, and management of projects generating federal and state tax credits, proudly announces the appointment of Walter […]

Read More

Affordable Housing Company Announcements Renewable Energy

NC State Renewable Energy Tax Credits Available Through Monarch Private Capital

NC State Renewable Energy Tax Credits Available Through Monarch Private Capital

Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances and manages a diversified portfolio of projects that generate both federal and state tax credits, announces the […]

Read More

Company Announcements Renewable Energy

See More News

Contact us for more information about impact investing, federal and state tax credits.