California, United States [RenewableEnergyWorld.com] Agile Energy Inc., a developer of utility-scale renewable power generating projects,has closed a Series A investment from Good Energies Inc. The undisclosed amount of financing will provide Agile Energy with both cash and credit support which will fund the company’s growth and development activities.
Agile Energy is focused on developing grid-connected, ground-mounted solar projects located in North America with generating capacity of more than 5 megawatts (MW). Each project will feature photovoltaic or concentrating photovoltaic technology, with suppliers to be selected on a competitive basis. Agile Energy’s near-term pipeline consists of approximately 400 MW of solar projects.
“Good Energies is excited to be investing in an outstanding management team with a strong platform and a demonstrated track record of success in power project development,” said Will Nesbitt, managing director at Good Energies. “We believe the solar market in North America offers significant growth potential and Agile Energy will be one of the leading solar and renewable energy developers.”