Najafi Invests $100 Million in Start-Up

Najafi Companies, LLC announced that it will provide $100 million to its new start-up portfolio company, Energy Capital Investments, LLC, as investment capital for a range of energy projects including solar, geothermal, biomass and other renewable energy technologies.

The company will operate as an investor, creating and acquiring renewable energy projects with the goal of building portfolios in each of its focus markets.

“We spent a great deal of time evaluating the most effective way to enter this marketplace not only to take advantage of the explosive growth opportunities, but also to participate, in a direct and meaningful way, in providing solutions to an ever-increasing energy demand,” said Jahm Najafi, Chief Executive Officer of Najafi Companies. “ECI’s team possesses the combined business backgrounds, specific knowledge and successful track records within the energy sector that are vital to accomplishing our goals.”

Previous articleFPL and NASA Explore Renewable Energy
Next articlePublic Service Commission Report Calls for Wind Power

No posts to display