Redeux Energy

Krishan Purvis and Michael Dennison recently represented Redeux at Infocast’s ERCOT Market Summit in Austin. As perhaps the most exciting and active power market in the US, discussions covered unprecedented load growth in ERCOT, future transmission build out, AI and data center demand, market evolution, and the future of power in Texas.?As we prepare a multi-GW pipeline of utility-scale hybrid PV and standalone BESS development projects for sale in 2025, Redeux is certainly an active and interested market participant.? ? We were also happy to connect with our friends, Michael Skalicky and Ashley LeBlanc, at Orennia, whose market intelligence platform helps keep us at the cutting edge of industry trends. Thanks to the conference organizers and participants for a great show.

Two of our team members attended this year’s NAPE Expo LP Expo to learn about industry trends and market insights – and of course, to have fun connecting with peers and finding common ground on the benefits offered by different technologies and fuel types. A few key themes that were discussed… ? - Diversification - Solar Demand - Battery Energy Storage System Enhancement - Hyperscale Data Center Trends ? Thanks to NAPE for hosting such a productive and valuable conference, we look forward to attending again in the future.?

Last month, members of the Redeux team joined the Colorado Solar and Storage Association (COSSA) Mountain West Conference for several days of networking, discussions, and valuable insights in the WECC market. We were encouraged by the many opportunities for both utility-scale BESS and solar project development in Colorado, and beyond. Our team took part in conversations related to priorities for data center development, how the IRA has changed project financing, permitting process in rural areas, and how we can work with native and tribal communities to help them benefit from renewable energy development. Redeux thanks all of the organizers, including our own Noah Eckert who serves on the COSSA Institute board.

Last month, our entire company gathered together in Denver for a week of updates, workshops, collaboration, and, of course, more than a bit of fun. Each of our teams had their own team-building activities, including a ski day at Breckenridge for the Development team, and a trip to the Museum of Illusions for Engineering. We all hung out together at Ace Eat Serve one night and enjoyed some light-hearted (ok, maybe a bit competitive) games of ping-pong. We also took time to recognize our standout Q1 employees, and crowned our first annual fantasy football champions! While many of us are spread around the country, we truly enjoy any time we can spend together. Thank you to Team Redeux for a great week!

Redeux Energy has implemented a decentralized approach to financial planning. Utilizing integrated finance and project management software tools, we enhance project?budget?visibility to?support better?decision-making while fostering ownership and accountability within our development team. This approach aligns with our mission of delivering consistent and high-quality work, cross-functional collaboration and transparency, and accurate financial reporting and forecasting. Read more about this initiative from our SVP of Finance,?Christina Derlath, CPA, in her latest blog:?https://lnkd.in/gNUdfuR6

Happy Holidays from Redeux Energy! Our Denver-based team celebrated the season together with a hot cocoa (and ugly sweater!) party earlier this month. We hope everyone enjoys the holiday season with family and friends, and send best wishes for the New Year!

Last week, Redeux’s Energy’s VP of Development, Noah Eckert served as a judge in a #RenewableCase competition at the University of Colorado Boulder - Leeds School of Business.?MBA students were challenged to pitch investors on funding new #climatetech solutions.?The competition not only inspired robust research and innovation, but also spurred dynamic conversation on how to create winning pitches.? ? Redeux intern, Laird Grant, showcased his knowledge about current grid challenges, with his team earning second place overall. At Redeux, we’re excited to work with the next generation of energy professionals. We invite qualified students to keep an eye out for potential new internship opportunities with our utility-scale, clean energy development platform.??

Last month, we announced the sale of a 200MW paired project in MISO Central to Scout Clean Energy,?and we are just getting started. We are currently in advanced talks with other IPP partners for additional sales to close in Q4 2024 and Q1 2025.?Further, we are preparing a multi-GW portfolio of #Solar, #StandAloneEnergyStorage and paired projects to bring to market in 1H 2025. ? Our CEO, Rob Masinter, recently discussed our plans with NPM US (New Project Media). Read more about the future of Redeux Energy here:?https://lnkd.in/g3qFwJmp

Following the election, the potential impacts of the incoming Trump administration are beginning to take shape. Two priorities are clear: deregulation and extending tax cuts, which are currently set to expire at the end of 2025. While some of the tax credits in the Inflation Reduction Act may be on the chopping block in order to offset costs of the tax cuts, many of the credits surrounding #CleanEnergy have bipartisan support and appeal.? ? As recently as August, House Republican Conference members, including representatives from Georgia, Arizona, and Utah, stated their support for the Inflation Reduction Act and the investments it created in clean energy projects. An independent analysis based on project announcements made since the passage of the IRA estimates that if completed, these projects would create 109,278 new jobs and bring in $126 billion in private investments. The same report also points out that more than half of the projects were announced in Republican districts. Beyond the IRA, there are still many reasons for #RenewableEnergy growth to continue accelerating, including falling interest rates, demand growth from artificial intelligence, and growing investment in infrastructure. ? Permitting reform and a thoughtful approach to reviewing the tax code both support an "all of the above" approach to addressing our nation's fast-growing energy needs.?Power generation developers are pivotal in shaping the future of energy by leveraging our diverse geographic resources to deliver innovative, cost-effective solutions. Redeux Energy is at the forefront of this, driving the development of high-quality solar and battery storage projects that strengthen energy infrastructure with reliable, affordable power for the grid.