News & Resources

Urban Grid Marks Milestone Virginia Portfolio Launch with Three New Projects, Driving Local Economic Impact

11/14/2024 / News

CRYSTAL HILL, Va. — Nov. 14, 2024 — Urban Grid, a leading independent power producer, launched its Virginia solar portfolio in Halifax County this week, marking a significant investment in

URBAN GRID LAUNCHES LOCAL SCHOLARSHIP PROGRAM IN VIRGINIA, PENNSYLVANIA AND MARYLAND, BOOSTING WORKFORCE DEVELOPMENT IN PROJECT COMMUNITIES

05/28/2024 / News

FUNDS PROVIDE ANNUAL AWARDS FOR HIGH SCHOOL STUDENTS BOUND FOR COMMUNITY COLLEGE OR TECHNICAL SCHOOL, ENCOURAGING CAREER READINESS FOR RENEWABLES HOUSTON, Tx., May 28, 2024 (GLOBE NEWSWIRE) – Urban Grid,

Urban Grid Names Chief Financial Officer, Chief Commercial Officer to Senior Leadership Posts

02/13/2024 / News

Eivind Osterhus and Erica Engle bring world-class expertise as IPP operations scale in 2024. HOUSTON, Tx., February 13, 2024 (GLOBE NEWSWIRE) — Urban Grid, a leading independent power producer (IPP),

Urban Grid Names Matt McCluskey Chief Development Officer

12/20/2023 / News

Accomplished renewables development executive to advance Urban Grid’s 12 GW solar and 7 GW energy storage pipeline and lead market expansion for the company. HOUSTON, Tx., December 20, 2023 (GLOBE

Urban Grid Expands Leadership Team Naming General Counsel and VP Asset Management

06/20/2023 / News

Readying for Deployment of First Fully Developed and Built Assets, Urban Grid Ramps Up Operations as Independent Power Producer RICHMOND, Va., June 20, 2023 (GLOBE NEWSWIRE) — Urban Grid, a

Urban Grid Welcomes New COO Saad Shamsi

04/06/2023 / News

Former Shell Renewables Executive to Lead Project Delivery in Scale-up to Independent Power Producer (IPP) RICHMOND, Va., April 06, 2023 (GLOBE NEWSWIRE) — Urban Grid, a BrookfieldRenewable company and leading

Peter Candelaria Named Urban Grid CEO in Leadership Team Expansion

10/13/2022 / News

Founder & CEO, Frank DePew, Transitions to Chairman Seasoned Management Team Poised for Growth and Transition to IPP Candelaria, having spent eight years in executive leadership at Silicon Ranch– one

Brookfield Renewable Acquires Premiere Renewable Developer Urban Grid, Adding Approximately 20,000 Megawatts of Solar and Energy Storage Projects in the U.S.

01/26/2022 / News

All amounts in U.S. dollars unless otherwise indicated Brookfield Renewable acquired clean power developer Urban Grid and its pipeline of high-quality utility-scale solar and energy storage projects, totaling approximately 20,000

Urban Grid Closes $275M Debt Refinance Provided By Crayhill Capital Management

10/11/2021 / News

Expansion of the Company’s Credit lines Facilitates Growth and Enables Efficient Deployment Capital in US solar sector RICHMOND, Va., Oct. 12, 2021 – Urban Grid, one of the largest U.S.

URBAN GRID RECEIVES PERMIT BY RULE FOR FOXGLOVE SOLAR PROJECT

08/19/2021 / News

Richmond, Va., August 18, 2021 – Urban Grid, a utility scale solar and storage company known for its strategic delivery of high-quality renewables projects, announced the Permit by Rule approval

Urban Grid Closes $100 Million Senior Secured Term Loan Facility Provided by Crayhill Capital Management

09/05/2019 / News

Richmond, VA, September 5, 2019 – Urban Grid, a leading developer of solar projects throughout the United States, today announced that it has closed a senior secured term loan facility

Urban Grid announces NextEnergy Capital’s acquisition of approximately 46MWp of solar projects in Virginia

04/26/2019 / News

RICHMOND, Va., April 25, 2019 /PRNewswire/ — Urban Grid, a leading developer of solar projects throughout the United States, is pleased to announce that NextEnergy Capital through their fund NextPower III, has acquired

Retail Solar PPA

01/25/2021 / Resources

What Is A Sleeved PPA? As a large organization, a Power Purchase Agreement (PPA) is often the most accessible and effective way for an organization to procure large amounts of

Virtual Solar PPA (VPPA)

01/25/2021 / Resources

A Virtual Power Purchase Agreement (VPPA), also known as a Synthetic PPA, or Contract for Differences, is a popular type of renewable energy contracting structure that provides a financial hedge

BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND

01/19/2024 / Public Notices

BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND   IN THE MATTER OF PORTER MILL, LLC’S APPLICATION FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT A 45.80 MW SOLAR PHOTOVOLTAIC

BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND

10/16/2023 / Public Notices

BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND IN THE MATTER OF PORTER MILL, LLC’S APPLICATION FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT A 45.80 MW SOLAR PHOTOVOLTAIC

BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND

10/05/2021 / Public Notices

IN THE MATTER OF THE APPLICATION OF MORGNEC ROAD SOLAR, LLC FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT A 45.0 MW SOLAR PHOTOVOLTAIC GENERATING FACILITY IN KENT

DOGWOOD SOLAR, LLC: PERMIT BY RULE

09/07/2021 / Public Notices

The Dogwood Solar project (“Project”) is a w0 MW solar facility proposed by Dogwood Solar, LLC. The Project is located along Dam Acres road approximately 4 miles west of Stanley,

FOXGLOVE SOLAR, LLC: PERMIT BY RULE

03/01/2021 / Public Notices

The Foxglove Solar project (“Project”) is a 75 MW solar facility proposed by Foxglove Solar, LLC. The proposed project is approximately 668 acres located south of Marlboro Road, north of

Spring Grove Solar II, LLC: Permit By Rule

11/11/2020 / Public Notices

The Spring Grove Solar II project (“Project”) is a 150 MW solar facility proposed by Spring Grove Solar II, LLC. The Project is located east of Spring Grove, Virginia, and

ALTON POST OFFICE SOLAR, LLC PERMIT BY RULE

06/15/2020 / Public Notices

The Alton Post Office project (“Project”) is a 75 MW solar facility proposed by Alton Post Office Solar, LLC. The Project is located along Route 711 (Alton Post Office Road)

Public Notice Crystal Hill Solar Facility

08/02/2019 / Public Notices

PUBLIC NOTICE CRYSTAL HILL SOLAR FACILITY A solar renewable energy project is proposed to be located on approximately 631 acres at 2235 Crystal Hill Rd, Crystal Hill, VA 24539. The

Notice

01/22/2019 / Public Notices

BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND IN THE MATTER OF THE APPLICATION OF MORGNEC ROAD SOLAR, LLC FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT A 45 MW SOLAR PHOTOVOLTAIC GENERATING

Procuring Utility-Scale Solar Projects (Can You Really Afford Not To?)

01/02/2020 / Articles

Even before the introduction of the RE100, internal and external stakeholders have been pushing organizations to minimize their impact on the environment by embracing renewable energy options like utility-scale solar

What Is Utility-Scale Solar? An Overview

08/19/2019 / Articles

Answers to the question“what is utility-scale solar?” vary greatly within the solar project development industry. While there is no official utility-scale solar definition, most, if not all, large scale solar

What Is A REC & How Do They Work?

06/25/2019 / Articles

How Do Renewable Energy Certificates Work? When renewable energy is produced, it goes into the local power grid and becomes indistinguishable from energy generated by other non-renewable sources. Renewable Energy

ITC Step Down: Understanding Solar Federal Tax Credits

06/18/2019 / Articles

The Federal Investment Tax Credit for solar energy is one of the most important federal policy initiatives to support the growth of renewable energy in the US. The ITC currently

Solar Energy FAQ: 14 Frequently Asked Questions About Utility-Scale Solar Projects

06/17/2019 / Articles

According to new figures from Wood Mackenzie Power and Renewables and the Solar Energy Industries Association (SEIA), there are now over 2 million solar photovoltaic (PV) installations in the U.S.

Sustainability Marketing: Promoting Your Renewable Energy Purchase

05/30/2019 / Articles

As concern for the environment grows, both consumers and stakeholders are pushing companies towards developing long-term sustainability goals. Organizations looking for innovative, economic, and impactful ways to meet major sustainability

The Growth of Corporate Renewable Energy Procurement

05/19/2019 / Articles

Corporate renewable energy procurement is growing rapidly. More and more companies around the world are voluntarily and actively purchasing renewable energy through traditional and virtual power purchase agreements. This trend

What is a Renewable Portfolio Standard?

05/17/2019 / Articles

A Quick Rundown of Renewable Portfolio Standards On Monday, April 8, 2019, on the last day of the Maryland Legislative Session, the Clean Energy Jobs Act was passed in both

What Is A Sleeved PPA?

04/22/2019 / Articles

As a large organization, a Power Purchase Agreement (PPA) is often the most accessible and effective way for an organization to procure large amounts of renewable energy. The two most

Renewable Energy Risk Management: The Benefits and Risks of a VPPA

03/20/2019 / Articles

Virtual Power Purchase Agreements (VPPAs) have become an attractive tool for corporate renewable energy procurement. They provide an opportunity to purchase renewables at a meaningful scale, allowing organizations the chance

Achieving Sustainability Goals Through Additionality

03/06/2019 / Articles

For renewable energy buyers looking to demonstrate leadership by increasing the effectiveness of their sustainability projects, understanding the importance of additionality is critical. What Is Additionality? Additionality is a term

Quick Guide to Virtual Power Purchase Agreements

02/11/2019 / Articles

A Virtual Power Purchase Agreement (VPPA), also known as a Synthetic PPA, or Contract for Differences, is a popular type of renewable energy contracting structure that provides a financial hedge