Excelsior Energy Capital

Excelsior Energy Capital is pleased to announce that we’ve entered a multiyear partnership with Proximal Energy, an innovative artificial intelligence-powered asset management provider for utility-scale solar and energy storage projects. The collaboration will leverage Proximal’s cutting-edge platform to optimize Excelsior’s portfolio of energy storage assets, enabling real-time monitoring and performance enhancement. The firms’ work together also highlights the vast emerging potential of AI in the renewable energy space and showcases Excelsior’s commitment to leadership in industry innovation and value creation. “Excelsior’s decision to partner with Proximal represents a considerable advancement in how we manage and optimize energy storage assets, and we are proud to help guide the renewable energy industry’s innovation on this vital front,” said Christopher Frantz, Partner and Head of Operations at Excelsior. Read today’s full announcement here: https://lnkd.in/gWcsh4XN #renewableenergy #energy #energystorage #AI #solar

Infralogic GP Profile: Excelsior Energy Capital Excelsior Energy Capital is gearing up for a potential sale of parts of its inaugural fund portfolio in 2025, following a successful exit from 38 solar projects to BlackRock’s Evergreen Infrastructure Partners Fund. The firm is doubling down on domestic solar and battery supply chain partnerships to mitigate risks with Heliene and Fluence, ensuring stable returns and bolstering its reliability as a partner. Currently, Fund II has invested in the firm’s first development and IPP platform Lydian Energy, a team with expertise in engineering, development, project financing, construction, procurement, and operations focusing on solar and storage assets. Anne Marie Denman explains with a forward-looking strategy, Excelsior is committed to acquiring and developing projects while staying resilient against political shifts, confidently navigating the landscape shaped by the Inflation Reduction Act. "We don’t expect a material impact to the IRA post-election, as the legislation has generated substantial jobs and revenue across the country, including in key battleground states, making it politically risky for an unwinding in any material way. The domestic manufacturing and energy community incentives in the IRA have focused investments in communities that have been most negatively impacted by coal closures and offshoring of manufacturing jobs".? Keep reading the full article https://lnkd.in/gmqfawYP by Siddesh Mayenkar.

Infralogic GP Profile: Excelsior Energy Capital Excelsior Energy Capital is gearing up for a potential sale of parts of its inaugural fund portfolio in 2025, following a successful exit from 38 solar projects to BlackRock’s Evergreen Infrastructure Partners Fund. The firm is doubling down on domestic solar and battery supply chain partnerships to mitigate risks with Heliene and Fluence, ensuring stable returns and bolstering its reliability as a partner. Currently, Fund II has invested in the firm’s first development and IPP platform Lydian Energy, a team with expertise in engineering, development, project financing, construction, procurement, and operations focusing on solar and storage assets. Anne Marie Denman explains with a forward-looking strategy, Excelsior is committed to acquiring and developing projects while staying resilient against political shifts, confidently navigating the landscape shaped by the Inflation Reduction Act. "We don’t expect a material impact to the IRA post-election, as the legislation has generated substantial jobs and revenue across the country, including in key battleground states, making it politically risky for an unwinding in any material way. The domestic manufacturing and energy community incentives in the IRA have focused investments in communities that have been most negatively impacted by coal closures and offshoring of manufacturing jobs".? Keep reading the full article https://lnkd.in/gmqfawYP by Siddesh Mayenkar.

Farewell and thank you to Grady Neer, Mohamed Hammadelniel, and Benjamin Fahrenz!

Excelsior Energy Capital today announced we have entered into a multiyear agreement with Fluence to develop 2.2 GWh of battery energy storage system (BESS) infrastructure in strategic markets across the United States. These projects, which will commence in 2025, will promote American grid stability and sustainable energy development while supporting domestic manufacturing. “The U.S. grid needs energy storage at scale to support a reliable and clean future, and Excelsior’s commitment to Fluence and domestic manufacturing of batteries is a tangible expression of its efforts to participate in this future,” said Anne Marie Denman, Co-Founder and Partner of Excelsior Energy Capital. “The agreement also demonstrates our focused efforts to bring our supply chain for clean critical infrastructure closer to home, both derisking our investments and enhancing local economies.” For more information about the agreement, read today’s full announcement: https://lnkd.in/ehyJR_uK

Co-Founding Partner, Anne Marie Denman will be speaking at NADBank's 2024 Summit on Sustainability in August

Excelsior Energy Capital recently finalized a long-term supply agreement with Heliene, one of North America’s fastest-growing manufacturers of high-quality solar energy equipment. The agreement and our partnership will support growth of American clean energy jobs and manufacturing capacity. A majority of PV modules supplied by Heliene will be produced in the United States. ? “The Excelsior team is excited by the wide-ranging benefits of this new agreement, which materially derisks supply of PV modules for our projects and allows us to work collaboratively alongside an established industry player as they expand and innovate over time,” said Christopher Frantz, Partner at Excelsior. ? “The agreement also deepens the confidence that other partners can have in the Excelsior team, as it delivers unmatched assurance in our ability to supply the necessary equipment for the solar energy projects that we invest in,” added Ryan Fegley, Co-Founder and Partner at Excelsior. ? Learn more about the agreement here: https://lnkd.in/ej_ZmPma ? #energy #renewableenergy #solar #solarenergy

Excelsior Energy Capital is proud to announce the launch of Lydian Energy, our newest venture dedicated to developing transformative solar and battery storage projects across North America. Lydian is comprised of a veteran team of developers, builders, and operators with more than 100 years of combined renewables experience. The team’s expertise in identifying opportunities and driving operational success across the sector will be fundamental to its work developing high-potential mid- to late-stage renewable energy assets. ? “We are proud of and trust the team that has been built at Lydian, under Emre Ersenkal’s leadership,” said Anne Marie Denman, Co-Founder and Partner at Excelsior and Chair of Board at Lydian Energy. “The Excelsior team will work closely with the Lydian team to drive value creation, choosing a portfolio company model that relies on and trusts the leadership and execution team at Lydian while integrating the knowledge and perspective of the Excelsior team.” ? For more information about Lydian Energy, visit www.lydianenergy.com and read today’s full announcement below. https://lnkd.in/ehH9QpDD

Excelsior Energy Capital is pleased to announce the sale of a sub-portfolio of solar and solar plus storage assets to BlackRock's Evergreen Infrastructure Partners Fund. This 100% divestment represents a major achievement: our first exit from Excelsior Renewable Energy Investment Fund I LP. ? “This successful exit marks a proud milestone for the Excelsior team and validates our differentiated strategy for addressing North American renewable power generation,” said Christopher Moakley, Managing Partner of Excelsior. Co-Founder and Partner Anne Marie Denman added, “The sale confirms Excelsior’s ability to successfully manage the full life-cycle of an investment from origination through to realization.” ? Our first fund, which launched seven years ago and attracted capital commitments above its $500M target, has invested in solar, wind, and battery storage projects across 10 U.S. states. Fund assets support the generation of more than 3,000 GWh of renewable energy annually at steady state operations. ? Learn more about the sale in our latest news release: https://lnkd.in/e5UWAKAT ? #renewableenergy #energy #solar ?