Agilitas Energy, an built-in developer, builder, proprietor and operator of distributed energy storage and solar photovoltaic (PV) programs, has entered right into a strategic growth partnership with Oak Square Partners, a full-service renewable energy developer specializing in solar PV and battery storage initiatives in New England.
The firms will work collectively to speed up the event of renewable energy and energy storage initiatives, guaranteeing an environment friendly course of from inception by means of building. As a part of the partnership, Oak Square will establish, purchase and lead the event of sure energy initiatives that Agilitas will purchase when they’re prepared for building.
Agilitas will present engineering, procurement and building (EPC) experience and can function a purchaser for Oak Square’s certified pipeline with a simplified transaction course of. Leveraging each firms’ expertise throughout your entire worth chain will enable initiatives to perform most yield at aggressive prices upon interconnection to the grid.
“Agilitas Energy seeks to build long-term relationships with high-quality developers,” says Barrett Bilotta, president, CEO and co-founder. “We’re formalizing our relationship so that, together, we can build a more targeted and consistent pipeline of renewable energy and energy storage projects that meet Agilitas Energy’s standards.”
The two firms anticipate collaborating on a wide range of distributed technology programs, together with solar PV, energy storage and hybrid initiatives, primarily in Massachusetts, Rhode Island and New Hampshire. Agilitas Energy plans to initially purchase in extra of 20 MW, with an aggressive plan to develop and purchase a better quantity as a part of the multi-year partnership.
Agilitas Energy will proceed to originate new initiatives independently, as nicely – each in New England and nationally.