Brightmark Energy Announces Launch
November 04 2016 - 10:15AM
Business Wire
Clean energy generation firm announces a
commitment of up to $250 million
Brightmark Energy, LLC (“Brightmark”), a private, San Francisco
based provider of clean energy generation solutions for commercial
and industrial customers in North America, is pleased to announce
that it has officially launched operations as of August 1, 2016.
Brightmark specializes in delivering tailored clean energy
generation solutions that lower customer carbon emissions while at
the same time providing greater operational reliability and cost
control, at no upfront cost to the customer. Clean energy
generation technologies to be offered by Brightmark will include
combined heat and power, solar, wind and waste to energy.
Bob Powell, President & Chief Executive Officer of
Brightmark, said, “I am very excited about the incredible strength,
depth, versatility and experience of the Brightmark management
team. To date, the Brightmark executive management team averages
over 25 years of collective clean energy generation experience
individually and have successfully completed well over 10 Gigawatts
of clean energy generation projects worldwide.”
Brightmark secured an initial equity and debt commitment of up
to $250 million from the Jackson Investment Group (“JIG”) to launch
its operations. JIG is a private investment firm, which manages
over $1.5 billion of assets with businesses in the energy,
healthcare, real estate, technology and bioscience industries.
Brightmark is focused on self-originated and developed, customer
generation projects as well as acquisitions of clean energy
generation projects in solar, CHP, wind and waste to energy.
Zeina El-Azzi, Brightmark’s Chief Development Officer, said,
“Initial customer reaction to Brightmark has been tremendous. We
have already acquired control of one operating combined heat &
power project in the US. We are about to start the construction of
another combined heat & power project in Canada and we are in
advanced discussions on a number of other acquisition and
originated generation opportunities.”
About Brightmark Energy
Brightmark is changing the status quo by putting energy consumer
businesses first, enabling them to take control of their costs,
lower carbon emissions and increase operational reliability.
Brightmark employs technology solutions such as combined heat and
power, solar, wind and waste to energy that are specifically
tailored based on customer needs. The company allows customers to
substantially save energy costs, lower carbon emissions and
increase reliability of operations all with no or little upfront
capital.
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Brightmark EnergyBob Powellbob.powell@brightmarkenergy.com