PARTNERSHIP TO INCLUDE REACTIVATE
COMMUNITY SOLAR PROJECTS AND IN-BALLPARK SIGNAGE
CHICAGO, June 25,
2024 /PRNewswire/ -- The Chicago Cubs
and Invenergy today announced a new multiyear partnership,
making the Chicago-based global
developer, owner and operator of clean energy solutions the
"Official Solar Provider" of the Cubs and Wrigley Field, a first for the club.
"We're proud to welcome Chicago-based Invenergy to the Cubs family as
our new solar provider," said Cubs Executive Chairman Tom Ricketts. "Being a good neighbor is
important to us, and this partnership with Invenergy strengthens
that commitment by helping to bring clean energy to the community
through the solar projects. It also furthers our overall efforts to
be more energy efficient and sustainable."
Through this partnership, the Cubs will become an "anchor
tenant" of several community solar projects developed by Invenergy
company Reactivate, who develops, owns and operates distributed
generation solar and storage projects. Community solar allows
subscribing customers to realize the financial benefits of clean
energy without owning a property or the upfront costs for solar.
For renters, low-to-moderate income households and many local
businesses, community solar is one of the few zero-upfront-cost
options for saving money on electricity bills.
"Invenergy has called Chicago
home for over 20 years and we are proud to team up with the Chicago
Cubs on this transformative partnership," said Invenergy Founder
and CEO Michael Polsky. "As the
premier leader in clean energy solutions, Invenergy is currently
expanding our Chicago headquarters
and growing our global workforce to meet the increased demand for
cleaner, more reliable, affordable energy. It is important to see
iconic brands like the Chicago Cubs commit to being an active
player in the clean energy transition and power Wrigley Field with community solar for seasons
to come."
Reactivate's community solar projects aim to eventually generate
enough renewable energy to help offset the energy usage of Wrigley
Field and extend renewable energy to select Cubs Charities Diamond
Project recipients. More information on the community solar
projects and their impact will be provided at a later date. Fans
also will notice new Invenergy signage in the ballpark on the left
center outfield door.
"Reactivate is proud to partner with the Chicago Cubs on
community solar to further the just and equitable energy
transition," said Reactivate CEO Utopia Hill. "These projects are
anticipated to bring significant energy savings and impactful,
measurable benefits to Chicago
communities – particularly to low-to-moderate income
households."
For more information on Invenergy, visit www.invenergy.com. For
more information on Reactivate, visit www.reactivate.com.
About Invenergy
Invenergy is accelerating
cleaner, more reliable, affordable energy. Invenergy and its
affiliated companies develop, build, own, and operate large-scale
renewable and other clean energy generation, transmission and
storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development
offices in the United States,
Canada, Mexico, Spain, Japan,
Poland, and Scotland.
Invenergy and its affiliated companies have successfully
developed more than 31,000 megawatts of projects that are in
operation, construction or contracted, including wind, solar,
transmission infrastructure and natural gas power generation and
advanced energy storage projects.
About Reactivate
Reactivate is a
mission-driven renewable energy company, that develops, owns, and
operates renewable energy projects to improve the lives of people
in low-to-moderate income and energy transition communities across
the country. Reactivate's primary focus areas are community solar,
commercial & industrial solar, small utility scale solar,
energy storage, and EV charging projects. Reactivate creates
positive social and environmental impact in underserved communities
by delivering renewable energy, environmental benefits, job
opportunities, energy cost savings and opportunities for minority
and women-owned businesses. Reactivate was founded
by Invenergy and Lafayette Square.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/chicago-cubs-and-invenergy-announce-new-multiyear-partnership-302181886.html
SOURCE Invenergy