Adenium Energy Capital Forms Partnership With Hudson Clean Energy Partners for Japan Solar Photovoltaics Investments
Adenium and Hudson have formed the partnership to jointly capture the compelling investment opportunity presented by utility-scale solar photovoltaic projects in Japan. Adenium will continue to develop its growing solar pipeline of over 75 MW, and the partnership will be used to fund the construction and long-term ownership of those projects.
Wassef Sawaf, Chief Executive Officer of Adenium, said, “Our partnership with Hudson Clean Energy Partners marks an important milestone for Adenium as we secure long-term funding for our growing pipeline in Japan. We look forward to working closely with Hudson and aggregating both of our firms’ experience and leadership in the sector. Japan is a critical market for Adenium, one in which we aim to continue to drive value for the firm and our investors.”
“We are excited about this remarkable investment opportunity and delighted to be executing on our strategy to deliver attractive long-term risk-adjusted returns for our investors in one of the world’s largest solar markets,” added Daniel von der Schulenburg, Hudson Principal and Program Manager of the Hudson Solar Infrastructure Program. “Adenium’s team has an exceptional understanding of the solar development business in Japan and provides us with access to an important utility-scale solar asset pipeline in Japan. We are proud to have them as our partner.”
About Adenium Energy Capital
Dubai-based Adenium Energy Capital is a private equity firm that manages or co-manages over 500 MW of solar PV investments in various markets including Italy, Jordan, Egypt and Japan. The Company was founded in 2010 by four investment groups in the Middle East with the goal of investing and managing proprietary and third-party funds for sourcing, developing, and managing projects in the renewable energy space. The Company entered the Japanese market in 2013 and has since seeded a pipeline of over 75MW of which 20MW has secured local project financing and was commissioned in May 2015.
About Hudson Clean Energy Partners
Hudson Clean Energy is a private equity and infrastructure firm dedicated exclusively to investing in renewable power and clean energy. The New Jersey based firm was founded in 2007, and makes privately negotiated investments in infrastructure platforms, focused on the development, construction and operation of power plants, direct investments in power projects and also investments in the high-growth, asset-based, capital-intensive segments of value chain companies that have manufacturing or servicing business. The investment expertise spans across a variety of sub-sectors within the renewable energy industry including, solar and wind energy, biofuels, biomass, geothermal energy, energy efficiency and storage.
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Website: http://www.hudsoncleanenergypartners.com...
Contact
Antenna Group for Hudson Clean Energy
Sharon Golubchik
201-465-8008
hudson@antennagroup.com
This news is a press release provided by Hudson Clean Energy Partners.