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RIC Energy and Rosemawr Management to Fund 450 MW Solar and Energy Storage Projects in NY - America

Nov 20, 2024•over 1 year ago

Contract Type

partnership

BengaluruOtherFinancial ServicesSoftwareCommerce And ShoppingCommunity And Lifestyle

Description

RIC Energy and Rosemawr Management have announced a financing partnership to fund interconnection deposits for the deployment of up to 450 MW of solar and energy storage projects across New York. The investment aims to increase domestic clean power generation, provide discounted power to homeowners and businesses, and create full-time jobs in the region.

Company Information

Company

Market

Location

Bengaluru, Karnataka, India

About

According to Sengupta, Infra.Market at present has an annualised revenue run-rate of $750 million and is hoping to take the same to $1 billion by December.

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Based on industry data
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Partnership agreements typically involve technology integration and joint go-to-market strategies
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