Shamong, NJ - SolarSense Power Purchase Agreement (PPA) Client, Shamong Township of New Jersey, extols the benefits and savings realized since they installed solar arrays on select roofs of their township complex via an article placed in the Shamong Newspaper. Township Administrator, Sue Onorato, says “It’s been a great venture for the township and we’re happy with the savings we’ve seen so far.”
Following a competitively bid RFP process, Shamong selected SolarSense as their provider for a 15-year PPA and has been in live solar production since May 2012. SolarSense, the developer, financier, owner and operator of the PPA, reports lifetime solar production and savings for the Township of 112% vs. projected proforma results, which it attributes to the quality of Solar PV products utilized, engineering, design and construction services, and ongoing operations, maintenance and management of the project.
SolarSense celebrates our clients’ success, satisfaction and realization of benefits as they validate our customer value proposition: “Save Money. Be Sustainable. Give Back.”
Pdf version of article attached below
Direct Website Link:
Alternative Energy Development Group (AEDG) congratulates its partner Bluestone Capital Management for their recognized success as a leading investment manager. Informa Investment Solution’s recognized Bluestone with their 3rd Quarter Top Gun Award for the firm’s Bluestone Elite Fund, a Top 5 performer in the US Equity ETF universe for its 3 year return.
Bluestone Capital Management and AEDG serve as General Partners in the P2A Clean Energy Fund, a $100MM clean energy fund providing Tax Equity, Equity and Fixed Income project financing for high quality Power Purchase Agreements in the US.
The PSN Top Gun Award
PSN Top Guns performance rankings are tabulated for thousands of strategies across 58 peer groups subdivided by increasingly rigorous screens. Bluestone Elite was a Top 5 performer in the US Equity ETF universe for its 3 year return. PSN, produced by Informa Investment Solutions, is one of the leading investment manager search and evaluation databases to be offered industry wide. PSN tracks more than 1,600 money management firms and over 7,000 investment products. Since 1984, firms included in PSN have been some of the major players of the investment management business. For more information regarding the Top Guns List, you may visit www.informais.com.
About Bluestone Elite
The Bluestone Elite strategy attempts to identify secular (long term) bullish and bearish trends in the market and to use tactical asset management to improve the risk adjusted return over a full market cycle. The strategy may utilize ETFs, equities, fixed income, mutual funds, and preferred securities for the purposes of portfolio construction. Please visit http://www.bluestonecm.com/
Alternative Energy Development Group and Bluestone Capital Management announce the P2A Clean Energy Fund
Alternative Energy Development Group, LLC (AEDG) in partnership with Bluestone Capital Management announce the P2A Clean Energy Fund I, a $100MM Fund to finance high quality clean energy Power Purchase Agreement (PPA) Projects. Nixon Peabody serves as Fund Counsel, leveraging their expertise in both fund formation and the energy markets.
The P2A Clean Energy Fund I, which includes a Tax Equity Fund, an Equity Fund, and a Fixed Income Fund, seeks to provide the following benefits to investors:
Ph: (610)337-6500 or
Email: email@example.com, firstname.lastname@example.org.
Alternative Energy Development Group teams with Dr. Scott Testa, The Julian Krinsky Summer Enrichment Program, and Villanova University to teach tomorrow’s leaders Energy Development, Clean Energy Finance, and Entrepreneurship.
The AEDG team, led by members David Magagna Jr. and Jeff Nocella, and supported by Founder & CEO Chris Fraga, teamed with Dr. Testa to teach 8-weeks of summer class as part of the Julian Krinsky curriculum for business students. Specific topics included: Renewable and Alternative Energy Technologies featuring Solar PV and Bloom Energy Fuel Cell’s; Energy Development for the Commercial and Industrial market; and Energy Finance including the Power Purchase Agreement business model.
Each week a group of students engaged in a combination of lectures, field trips to visit live Solar PV and Bloom Energy Fuel Cells in operation in the Philadelphia area, and case study/presentations by the students. The camp’s domestic and international student population was able to learn and apply newfound energy knowledge to specifics of their home countries from China, Panama, Colombia and Germany among others..
“The enthusiasm, intellect, and insights generated by the students has been overwhelming” commented David Magagna Jr., AEDG’s leader of the program. ”Students are concerned about our world’s sustainability and future and appear eager to promote clean energy going forward.”
Dr. Scott Testa led the Julian Krinskly Business curriculum, and invited AEDG to participate because of their subject matter expertise, innovative ideas and entrepreneurial success. “I requested AEDG to participate to bring outside of the box thinking, topics of relevance to a global student base, and their passion to create a memorable experience”, said Dr. Testa.
AEDG’s charitable “give-back” program includes Community Education at the middle, high school and collegiate level.
R World Energy joins growing list of benefactors for the “Watts for Wishes” Charitable Giving Program
R World Energy has officially joined the ranks of energy firms who have embraced the Watts for Wishes Charitable Giving Program. CEO Frank Fazio proudly announced the news at R World’s sales meeting last week. “We are excited to join in the public good that Watts for Wishes delivers, and are already working on the first wish that R World Energy will underwrite for a wish child in the Philadelphia area”, said Frank. “We have always believed that Watts for Wishes would grow organically and virally as the word got out to charitable-minded leaders of companies in the energy space”, said Chris Fraga, AEDG’s CEO and Founder of the Watts for Wishes program. “We are delighted and thankful to welcome the R World team, their clients and suppliers to the program”.
R World Energy provides the latest technologies and most forward-thinking services that are proven to reduce your energy and water consumption, minimize your carbon footprint, and increase your competitiveness while providing you with a significant Return on Your Investment (ROI). Visit R World Energy at http://www.rworldenergy.com/
AEDG today announced the addition of David Magagna, Jr. to its team, serving as Finance Analyst for project financing. Dave is a summa cum laude graduate of Syracuse University with a BS in Accounting, followed by a Master of Science in Professional Consulting and Accounting with a concentration in Finance from Villanova University. While concurrently pursuing a J.D. from Villanova School of Law, Dave will focus on project financing for AEDG’s pipeline and portfolio of Solar and Fuel Cell PPA’s.
AEDG executes formal EPC Agreement with SPG Solar for 2.5MW CA solar project under development. First project in long-term go-to-market partnership.
“We have worked with many EPC’s over the years and I’m pleased to say that SPG has exceeded our expectations in terms of knowledge, service, support, teamwork and competitive pricing”, comments AEDG Founder Chris Fraga. “It is rare to find an organization that embodies the same “Customer First” attitude and spirited dedication to solving customer problems as we have at AEDG, and with that as a common DNA we look forward to a long and mutually beneficial relationship serving customers together”. SPG Solar is headquartered in Petaluma, CA and can be found at www.spgsolar.com
AEDG announces a 30MW Fuel Cell development pipeline spanning commercial, not-for-profit and public sector entities in the United States. The 30MW pipeline includes:
(16) commercial-scale entities on the East/West Coast of the US.
(2) for-profit entities on the East Coast, totaling 2MW of Bloomenergy servers across 4 sites, who have formally selected AEDG and Bloomenergy and are in the contracting/procurement phase.
(2) public-sector entities (East & West Coast), totaling 3.8MW’s of Bloomenergy servers across 7 sites, who have formally selected AEDG & Bloomenergy and are in the contracting/procurement phase.
Project details will be shared via formal Press Releases following each client's final contract and award in Q4’2012.
AEDG and Bloomenergy will complete installation and commissioning services beginning in the 2H of 2013.
SolarSense announces the completion of a financing, purchase and leaseback transaction for the Carver, MA Highway Solar Project with Developer SolareAmerica. The 99kW Carver, MA Highway Solar System is unique as one of America’s first Solar System deployments on Highway property, located on Rt. 44 in Carver, MA. The commissioning of the system and go-live was complete in September, and the Official Ribbon Cutting Ceremony will take place on Friday, Oct. 5th with attendees from: The Federal, State, and Local Government; Town of Carver stakeholders; Members of the Press; Developer SolareAmerica with partner Kearse Electric; and the SolarSense team. The project financing was completed utilizing proceeds from an ARRA Grant and the 1603 Treasury Grant, along with private-market capital.
SolarSense EVP Finance Fritz Krussman and Founder & CEO Chris Fraga participate in two-day EuroMoney Energy & Infrastructure Finance Seminar in Manhattan, NY. Leading capital providers, developers and industry-stakeholders shared best-practices, trends and projections for energy project finance.