A track record that speaks for itself

In early 2019, Adapture Renewables acquired a 33 megawatt portfolio in Western Oregon consisting of 10 solar projects. Financing and executing a portfolio of 10 solar arrays meant navigating complex coordination and project management challenges to advance the projects to construction NTP and then commercial operations. Recognizing this, Adapture Renewables’ experienced team built flexibility into project designs and leveraged in-house expertise to streamline permitting, construction and contracting. The result? Reliable, clean energy for Portland General Electric and a tax equity investment with low-risk and predictable yields for US Bank.

Wildberry Solar Center is the fourth project Adapture Renewables has developed in Tennessee Valley Authority territory, and, at the time of its completion, was the first ground-mount PV system of its size and kind in Fayette County. Completing a new kind of project often unearths new development and execution challenges, but Adapture Renewables worked closely with local permitting authorities and development partners to complete Wildberry Solar Center and deliver clean energy and economic opportunity to the community.

The Baker City Solar Center was developed entirely by Adapture Renewables from project siting to commercial operation. Adapture Renewables’ in-house development, EPC and legal teams overcame several obstacles including complex title curative work, habitat mitigation measures related to permitting, nearby railroads and infrastructure along the interconnection route and a winter construction schedule.

Catan Solar is Adapture Renewables, Inc.’s first solar project in Texas, located near the town of Runge. Adapture Renewables successfully brought the project to commercial operation in December 2020 and sells the clean electricity under a long-term fixed contract to NRG Power Marketing LLC in the Electric Reliability Council of Texas (ERCOT) market.

Hope Farm Solar is Adapture Renewables’ first project in Rhode Island, a state that’s known for its unique permitting process and challenging environmental conditions. To add to the project’s complexity, Hope Farm has five different utility offtakers that straddle state lines and involve several state Public Utility Commissions. Adapture Renewables’ in-house project finance and legal experts successfully negotiated and completed the myriad of regulatory, financial and transactional requirements in collaboration with the numerous stakeholders involved.

Sonoma Clean Power Authority, a Community Choice Aggregator (CCA) partnered with Adapture Renewables to purchase the energy generated by the Cloverdale Solar Center, enabling Sonoma County residents to access low-cost, locally-generated renewable energy. CCAs offer long-term, low-cost pricing guarantees and are emerging as a popular alternative to traditional utilities. The project was successful despite restrictive municipal zoning and system design requirements, and delays in permitting because of a nearby wildfire.