Rockland Capital Forms Rockland Renewable Ventures To Provide Comprehensive Renewable Solutions To Customers
April 28, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
The following story is brought free of charge to readers byEC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Rockland Capital LP ("Rockland"), an investment company that is focused on the acquisition, development, and optimization of companies and projects in the energy sector, today announced that one of its investment funds has formed Rockland Renewable Ventures, LLC ("RRV")
RRV will specialize in the origination and development of clean and renewable energy assets throughout the country.
Rockland Renewable Ventures has hired industry veteran Ruben Fontes as its President.
Fontes has been a senior executive in the renewable energy space for over 12 years, most recently as CEO of TerraNavigator, LLC and Senior Vice President with Ameresco, Inc.
"RRV will look to build upon and leverage Rockland's energy industry presence and unique capital platforms to offer comprehensive renewable solutions to customers that include the management of all development, financing, engineering, construction, operation and optimization activities," Rockland Renewable Ventures said
Rockland Capital is a private equity company that was formed in early 2003 in order to acquire and develop selected investment opportunities in power and energy infrastructure markets. Rockland is currently investing Rockland Power Partners III, LP, a $454 million private equity fund with investors that include U.S. endowments and foundations, funds of funds, pension plans and family offices. The firm also manages Rockland PJM Partners, LP, a $200 million private equity fund, Rockland Power Partners II, LP, a $425 million private equity fund and, Rockland Power Partners, LP, a $333 million private equity fund. Investments have been located throughout the United States and the United Kingdom, ranging from 1,875 MW to 5 MW, fueled by natural gas, coal, biomass, oil, energy storage, wind and solar power.