Radian Generation Triples Its Asset Management Portfolio in 2014:
RadianGEN Contracted to manage over 150MWs of Solar PV Projects
Radian Generation Triples Its Asset Management Portfolio in 2014:
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Contracted to manage over 150MWs of Solar PV Projects
SAN FRANCISCO, CA, JAN. 27, 2015 – Radian Generation, LLC (RadianGEN)
Radian Generation has grown its asset management portfolio by 300% over the last 12 months. Radian is now contracted to deliver comprehensive services (operations, technical, contractual and financial) to over 150MWs of projects located at 55 sites across the U.S. and Canada. Individual projects range in size from as small as 30kW to over 30MWs.
In response to this growth, RadianGEN has increased the size of its team in San Francisco and established an office in Charlotte, NC to service the East Coast markets. Through its partnership with Quietstream, RadianGEN also has a presence in Boston, Los Angeles and New York City. The significant growth in scale has also allowed RadianGEN to invest further in technology platforms and processes to drive increased performance and cost savings for its customers.
"As solar becomes a mainstream energy resource and an established investment asset class, the solar industry must turn its focus to ensuring the long term success of projects," said Chad Sachs, CEO of RadianGEN. "It is estimated that there will be 20GW of solar deployed by 2016. RadianGEN is leading the effort to optimize solar project performance and establish asset management best practices. We are excited to expand our team in new geographies to support new customers and leverage our scale to create better technology and software solutions. We enable solar system owners and investors to enjoy higher returns on their investment with less risk and lower costs."
About Radian Generation
Radian Generation is an independent solar asset management and advisory firm. RadianGEN offers comprehensive asset management services to operating projects including financial asset management, contract administration and compliance, and technical oversight. RadianGEN's customers include utilities, private infrastructure funds, solar developers, hedge funds and publicly traded investment vehicles that are looking for more predictability and improved operating performance of their assets. RadianGEN is a member of QuietStream Financial's portfolio of asset management service providers that work together in the commercial real estate, renewable energy, and affordable housing investment sectors. RadianGEN currently provides asset management services for over 150MWs of operating projects. To learn more about RadianGEN, visit http://www.radiangeneration.com.
Susan DeVico
SusanDV@aol.com
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