Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Origis Energy > News item |
Origis $100 million commitment from Baltisse will further U.S. growth
By Wendy Van Sickle
Columbus, Ohio, Nov. 3 – Origis Energy received a commitment of up to $100 million in growth capital from Baltisse, the European private investment firm of Filip Balcaen, according to a press release.
Baltisse had previously contributed financing to Origis solar projects in Europe and the United States.
As a result of the new commitment, Balcaen will become a member of the Origis board.
“The capital comes at a pivotal time in the accelerating U.S. solar market,” the release states. “The funding empowers Origis to strengthen its offerings to utilities and large scale corporate energy buyers seeking solar as a clean energy alternative for their power generation needs.”
The company said in the United States it works with the Southern Co., Pacific Corp, Idaho Power, South Mississippi Electric Power Association and the city of Tallahassee, Fla.
Baltisse focuses on private equity and real estate investments. Its target markets include industry, food and beverage, health care, energy and services.
Origis is a Miami-based solar development and construction firm with a photovoltaic portfolio of more than 600 megawatts.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.