E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/3/2016 in the Prospect News Green Finance Daily.

Origis $100 million commitment from Baltisse will further U.S. growth

By Wendy Van Sickle

Columbus, Ohio, Nov. 3 – Origis Energy received a commitment of up to $100 million in growth capital from Baltisse, the European private investment firm of Filip Balcaen, according to a press release.

Baltisse had previously contributed financing to Origis solar projects in Europe and the United States.

As a result of the new commitment, Balcaen will become a member of the Origis board.

“The capital comes at a pivotal time in the accelerating U.S. solar market,” the release states. “The funding empowers Origis to strengthen its offerings to utilities and large scale corporate energy buyers seeking solar as a clean energy alternative for their power generation needs.”

The company said in the United States it works with the Southern Co., Pacific Corp, Idaho Power, South Mississippi Electric Power Association and the city of Tallahassee, Fla.

Baltisse focuses on private equity and real estate investments. Its target markets include industry, food and beverage, health care, energy and services.

Origis is a Miami-based solar development and construction firm with a photovoltaic portfolio of more than 600 megawatts.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.