Sign In  |  Register  |  About Livermore  |  Contact Us

Livermore, CA
September 01, 2020 1:25pm
7-Day Forecast | Traffic
  • Search Hotels in Livermore

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

MN8 Energy Enhances Renewable Energy Platform with Distributed Energy Solutions Offering

Renewable energy leader now bringing distributed asset management expertise to transportation electrification

MN8 Energy LLC (“MN8” or “The Company”) today announced the formation of its “Distributed Energy Solutions” (DES) offering, simplifying the path to holistic decarbonization for enterprise customers. DES’s initial focus on transportation electrification consists of three primary verticals, marrying public charging and fleet electrification, with distributed carbon-free energy solutions. Through DES, customers gain full access to MN8’s 475 years of aggregate experience across renewable energy development, finance, construction, and operations, as well as specialized expertise in the logistics and fleet management industries.

MN8 supports the needs of businesses and communities working to decarbonize their operations and support the rapid adoption of electric vehicles. The DES offering aims to deliver scalable, fully financed, turnkey projects that are not only environmentally responsible but also economically viable, helping customers achieve both sustainability and financial goals.

Key Offerings of Distributed Energy Solutions (DES):

  • EV Fleet Charging: Providing complete solutions for businesses transitioning their fleets to electric vehicles; including consultative EV transition, infrastructure planning, and installation and maintenance, all with flexible financing models.
  • Contracted Public EV Charging: Catering to municipalities and private enterprises by developing, installing, and managing public EV charging stations; facilitating greater adoption of EVs by the general public, corporate, and municipal fleets.
  • Onsite Distributed Energy Resources: Supports companies in programmatically deploying onsite energy resources like solar panels, battery storage, and energy management systems; enabling energy independence and resilience.

"With the launch of Distributed Energy Solutions, we reaffirm our commitment to championing the decarbonization ambitions of enterprise customers," said Jon Yoder, President and Chief Executive Officer of MN8 Energy. "This new offering builds on our demonstrated leadership in the distributed renewable energy space and brings new ways of empowering companies and communities to take charge of their energy consumption through our turnkey support and an exceptional customer experience."

MN8 Energy, incubated within Goldman Sachs beginning in 2016 and spun out to become an independent firm in 2022, is one of the largest and most sophisticated owners and operators of renewable energy assets in North America. The addition of DES builds on the Company’s longstanding expertise in solar and battery storage project development and its partnership with Mercedes-Benz to develop and operate a Mercedes-Benz branded North American High-Power Charging (HPC) network with market leading amenities, charging speeds and reliability.

About MN8 Energy:

MN8 Energy serves enterprise customers on their journey to an electrified, decarbonized world by providing renewable energy and related services. With approximately 3.0 gigawatts of operational and under construction solar projects and 1.1 gigawatt hours of battery energy storage capacity comprised of over 875 projects across 28 states, and more than a dozen high-powered EV charging stations across 6 states, MN8 is one of the largest and most sophisticated independent solar energy and energy storage power producers in the United States.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes "forward-looking statements." Forward-looking statements are statements other than statements of historical fact. You can identify these forward-looking statements by the use of words such as “aim”, “anticipate” and variations of these words or similar expressions (or the negative versions of such words or expressions). Although we believe the expectations reflected in our forward-looking statements are reasonable, they are inherently subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. No assurance can be given that such forward-looking statements will be correct or achieved or that the assumptions are accurate or will not change over time.

We caution you not to place undue reliance on our forward-looking statements that speak only as of the date of this press release, and we undertake no obligation to update any of the information provided in this release, except as required by applicable law. In addition, this press release contains information that reflects management's best judgment only as of the date of this news release.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Livermore.com & California Media Partners, LLC. All rights reserved.