CI Renewables takes over KDC Solar
CI Renewables LLC, a developer, builder and operator of solar power generation systems, has 100% of the membership of KDC Solar GmbH from Diamond Castle Holdings LLC and members of the management team of KDC Solar LLC.
CI Renewables will continue the work of KDC Solar and monitor the development of commercial and industrial solar and other renewable projects in select states in the United States. CI Renewables recently announced funding for 29 MW solar projects in Howard County, Maryland CleanCapital and will shortly announce the completion of financing for a 10 MW project in Madera, California. In addition, CI Renewables is actively pursuing new solar projects in Maryland, Virginia and New Jersey.
With more than a decade of experience with 19 projects totaling over 115 MW, CI Renewables – through its subsidiaries – has enabled cost savings in various industries and institutions, including nationally recognized, multinational companies in the pharmaceutical, e-commerce, technology and glass manufacturing sectors, Publishing, Consumer Goods, Hospitals, Governments, and Educational Institutions.
CI Renewables senior management includes Alan Epstein, President; Thomas Lynch, Executive Vice President; Josh Smith, senior vice president; William Stewart, Chief Financial Officer; and Walter Serafyn, senior vice president. CI Renewables continues to be headquartered in Bedminster, N.J.