Primary Industry
-
IndustryCarbon Markets & Credits
-
Size2-10 employees
-
Company TypeCarbon Project Development — Energy & Industrial
Renew Energy Partners provides turnkey solutions for funding, installing, and managing energy efficiency and on-site clean energy projects. The company helps building owners reduce their carbon footprint and save money while making their buildings cleaner, more comfortable, and more resilient. With its energy-as-a-service approach, energy system upgrades and retrofits are funded by RENEW and paid back out of future savings with no out-of-pocket costs to the building owner. For more information, visit www.renewep.com.
Upgrades are funded by future savings. RENEW provides the up-front capital and expertise to design, furnish, install, and operate and maintain the new systems under an energy service agreement (ESA), Power Purchase Agreement (PPA), or both. For the duration of the agreement, portions of the savings are paid monthly to RENEW and to the building owner. After the term of the agreement, 100% of the savings goes to the building owner and the new systems become their property.
RENEW is now deploying its third capital fund, anchored by the climate infrastructure strategy of Ares Infrastructure and Power (“Ares”).
