Photo voltaic challenge developer-operator Headwater Energy in the present day introduced it has accomplished the acquisition of Arena Renewables, a distributed era photo voltaic and battery power storage system developer. Enviornment’s management crew will proceed to function the enterprise, supported by Headwater’s capital assets and institutional infrastructure.
Enviornment Renewables
“Enviornment has constructed an distinctive platform: disciplined improvement, a proficient crew, and a compelling pipeline throughout photo voltaic and storage,” stated Michael Cohen, CEO of Headwater Power. “We’ve got adopted Enviornment intently, and we share a deep conviction within the technique they’ve constructed. We couldn’t be extra excited to help the crew as they proceed to develop.”
Headwater began in 2023 following the merger of Oakhurst Power and Aspen Creek Energy, two photo voltaic corporations with completely different experience that collaborated on PV initiatives.
Headwater will help Enviornment’s almost 1-GW challenge pipeline.
“Headwater is aware of our crew, our technique and our execution monitor document,” stated Matt Kozey, co-founder and CEO of Enviornment. “With their capital and infrastructure behind us, we are able to transfer from improvement to placed-in-service property sooner, constructing with the identical tradition and values which have outlined Enviornment from the beginning.”
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