CI Renewables Buys 100% Stake in KDC Solar

CI Renewables, a leader in bespoke solar energy solutions to companies and institutions, announced that it purchased 100% of the membership interests of KDC Solar from Diamond Castle Holdings and members of management of KDC Solar, effective from January 2020.

June 15, 2021. By News Bureau

CI Renewables, a leader in bespoke solar energy solutions to companies and institutions, announced that it purchased 100% of the membership interests of KDC Solar from Diamond Castle Holdings and members of management of KDC Solar, effective from January 2020.

CI Renewables will continue the work of KDC Solar and pursue development of commercial and industrial solar and other renewable projects in selective states in the United States. Recently CI Renewables announced the financing of its 29 MWs of solar projects for Howard County Maryland with CleanCapital and will soon announce the closing of the financing for a 10 MW project in Madera California. In addition, CI Renewables is actively pursuing new solar projects in Maryland, Virginia and New Jersey. 

CI Renewables will continue KDC Solar's legacy as a leader in providing bespoke clean energy solutions for companies and institutions with large and complex electric loads greater than 2 MWs.  Our customers receive clean renewable energy without any capital investment.  With more than a decade of experience with a number of complex projects that total over 115 MWs across 19 projects, CI Renewables through its subsidiaries has driven cost savings across varying industries and institutions including nationally recognized, multinational companies in the pharmaceutical, e-commerce, technology, glass manufacturing, publishing, consumer goods, hospitals, governments and educational institutions.     

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