Tuesday, May 15, 2018

Conti Solar is Expanding: Promotes Eric Millard to Chief Commercial Officer


Edison, NJ, May 15, 2018 -Conti Solar, a national solar engineering, procurement and construction (EPC), O&M and energy storage development company, announced today the promotion of Eric Millard to Chief Commercial Officer. Eric will report directly to Matthew Skidmore, Conti Solar’s CEO, and be responsible for continuing to drive organizational growth by developing and maintaining excellent customer relationships and expanding Conti Solar’s business into new markets and geographies.
 
“Eric‘s advancement within the organization is a testament to his proven track record of developing and executing aggressive growth strategies in very competitive markets,” said Matthew Skidmore, CEO of Conti Solar. “His ability to develop high-performing teams will ensure our vision of building a world-class renewable energy company.”
 
In his 10-year career with Conti, Eric has worked in a variety of different renewable energy and environmental markets and in both technical and commercial roles. Eric started his career in project operations, where he worked on environmental and water management projects for the Army Corps of Engineers. Pursuing his interest in renewable energy, he then transitioned into Conti’s ventures in the wind, solar, and biomass industries, where he worked in a diverse set of engineering, operations, and business development positions. These roles allowed Eric to hone both his technical and commercial competences while learning the detailed workings of the energy business. In 2014, Eric moved to Conti Solar, where he spearheaded the company’s business development efforts, ultimately bringing in $150 million in business within his first two years. He has subsequently continued to strategically build and lead Conti Solar’s business development team, which has yielded sustained double-digit growth for Conti Solar over the past four years. Eric received a BS in Mechanical Engineering from Boston University and an MBA from University of North Carolina at Chapel Hill.  
 
 
About Conti Solar
Conti Solar is a national EPC, O&M, and energy storage company. Our attention to detail, flawless execution and collaborative culture has enabled us to successfully develop and install over 500 MW of solar projects since our early initiatives in 2008. We leverage established partnerships with solar developers, IPPs, utilities, off-takers, suppliers and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders. Majority-owned by Ares EIF with a minority position retained by the Conti Group, Conti Solar is well positioned with a diversified network of industry experts and the financial wherewithal to be a trusted, long-term partner. Learn more at www.contisolar.com.


Monday, May 14, 2018

Solar FlexRack to Attend Solar Power Southeast Conference May 15-16 in Atlanta


Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, will attend the Solar Power Southeast Conference being held at the Sheraton Atlanta Hotel in Atlanta, Georgia from May 15th to the 16th. The solar industry event is presented by Solar Energy Industries Association (SEIA) and Solar Electric Power Alliance (SEPA).

Solar FlexRack will join over 600 attendees at Solar Power Southeast, which is the premier place to connect with other industry leaders. This year’s event will feature three workshops, multiple organized networking events and 15 education sessions. Solar Power Southeast brings together industry leaders and innovators to share ideas and best practices for expanding the Southeast’s solar energy market and to network and do business.

Steve Daniel, Executive Vice President of Solar FlexRack said, “Our expanded line of solar trackers and racking solutions give developers and EPCs the flexibility they need to better meet standards for quality and performance. We’re attending Solar Power Southeast and setting appointments with new and existing customers to bring them up to speed on our latest developments and successes.”

Solar FlexRack is an industry-leading company delivering best-in-class engineered racking and solar tracker solutions that safeguard solar projects. Representatives from Solar FlexRack will be available to discuss their innovative approach and their customers’ successes with individuals interested in learning more. Please schedule a meeting in advance to talk with the Solar FlexRack team onsite.

About Solar FlexRack
Solar FlexRack, a division of Northern States Metals, is an integrated solar company that offers custom-designed, fixed tilt ground mount and single-axis solar tracker systems in the commercial and utility scale solar mounting industry. Solar FlexRack also offers full turnkey packages, including engineering, geotechnical, pullout testing, field, layout, and installation services, to address the actual site conditions of an installation, providing a full scope of services from design to delivery and installation. Solar FlexRack has completed 1.8 GW of solar racking installations in 40 states across America and five countries globally. For more information, go to www.solarflexrack.com and follow us on TwitterFacebook and LinkedIn.

Monday, May 7, 2018

Conti Solar Nears Completion of 44.5 MW Solar Project Portfolio in Massachusetts for Eversource Energy


Worcester, MA, May 7, 2018 - Conti Solar, a national solar engineering, procurement and construction (EPC), O&M and energy storage company, announced today it is nearing completion of 15 solar power projects located in Massachusetts. Ranging in size from 1.2 to 7 megawatts, the projects are owned and will be operated by Eversource Energy, New England’s largest energy provider and number-one ranked utility in the nation for energy efficiency*. The solar projects will deliver clean, renewable, solar electricity to Eversource Energy’s regional customers.
Conti Solar was awarded more than 75 percent of Eversource Energy’s Clean Energy Initiative in the first block through a highly competitive request for proposals process. The initiative is part of Eversource’s multifaceted Environment, Social and Governance (ESG) program, a visionary company directive designed to guide the utility’s development in alignment for top financial performance, customer reliability and operational excellence.
“Eversource Energy has well-developed and thorough approval processes to ensure our selection of EPC partners meet our high standards on multiple levels, including technical capabilities, solar experience, track record, safety, customer service and competitive pricing. Conti Solar earned this project portfolio and we have been impressed with their level of commitment and how responsive they have been in working with us,” said Mark Kimball, Eversource Project Director – Solar.
“Eversource Energy’s vision is to be the best energy company in the nation and Conti Solar is pleased to support them in this consequential endeavor. Conti Solar has installed over 500 MW of utility-scale solar across the country and will continue to focus on first-class execution and outstanding customer service on the work we do,” said Matthew Skidmore, CEO of Conti Solar.

About Conti Solar
Conti Solar is a national EPC, O&M, and energy storage company. Our attention to detail, flawless execution and collaborative culture has enabled us to successfully develop and install over 500 MW of solar projects since our early initiatives in 2008. We leverage established partnerships with solar developers, IPPs, utilities, off-takers, suppliers and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders. Majority-owned by Ares EIF with a minority position retained by the Conti Group, Conti Solar is well positioned with a diversified network of industry experts and the financial wherewithal to be a trusted, long-term partner. Learn more at www.contisolar.com.
About Eversource Energy
Eversource (NYSE: ES) transmits and delivers electricity, natural gas and water to 1.7 million customers throughout Massachusetts.  This includes approximately 1.4 million electric customers in 140 communities, 300,000 gas customers in 51 communities, and 19,500 water customers in five communities. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of about 8,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@eversourceMA) and Facebook (facebook.com/EversourceMA). For more information on our water services, visit www.aquarionwater.com.



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Wednesday, April 18, 2018

Ares EIF to Acquire Majority Stake in Conti Solar


EDISON, NJ & LOS ANGELES-– April 17, 2018 -- Conti Solar, an industry-leading renewable energy development, engineering, procurement, and construction company, announced today that it has received a strategic investment from a fund managed by Ares EIF, the power and energy infrastructure strategy in the Private Equity Group at Ares Management, L.P. (NYSE: ARES). Expected to close at the end of April, the investment will give Ares EIF a majority ownership stake in Conti Solar with a minority position retained by The Conti Group. Terms of the transaction were not disclosed. The company will continue to operate as Conti Solar, maintain its current offices, and be managed by its current executive team. The Conti Group will continue to be involved in the oversight and strategic direction of the company.

Conti Solar, previously a wholly-owned subsidiary of The Conti Group, has been active in the development, engineering, procurement, construction, and operations of solar and energy storage projects totaling more than 500 MW throughout the United States and in select international markets for more than a decade.

“The investment from Ares EIF will make Conti Solar a more dynamic company and will enable us to accelerate our growth and pursue additional strategic initiatives,” said Matthew Skidmore, CEO of Conti Solar. “Together, we will drive more value to our customers and partners across the industry.”

Ares EIF is an experienced investor in the U.S. power and energy infrastructure sector and has invested in nearly 130 different power and energy infrastructure assets with a combined underlying enterprise value exceeding $20 billion.

“Our investment in Conti Solar is a great strategic fit for Ares EIF, but, above all, it is an investment in Conti Solar’s management and the strong team and culture they have built over the years,” said Keith Derman, Partner with Ares EIF. “We will work collaboratively with Matt and his team to continue to build upon the successes they have already achieved.”

“We are extremely excited to partner with Ares EIF as there is a strong cultural fit between our organizations in addition to complementary skill sets and a shared strategic vision,” said Kurt Conti, Chairman of The Conti Group. “This investment continues to advance our longstanding vision of building a world-class renewable energy company.”

About Conti Solar
Conti Solar is an industry-leading solar power and energy storage development, EPC and O&M company. Our attention to detail, flawless execution and collaborative culture has enabled us to successfully develop and install over 500MW of solar projects. We leverage established partnerships with solar developers, IPPs, utilities, off-takers, suppliers and landowners to streamline project development, design, construction and operations, driving down project costs and creating value across all project stakeholders. www.contisolar.com

About Ares Management, L.P.
Ares Management, L.P. is a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management as of December 31, 2017 and more than 15 offices in the United States, Europe, Asia and Australia. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. Ares believes each of its three distinct but complementary investment groups in Credit, Private Equity and Real Estate is a market leader based on assets under management and investment performance. Ares was built upon the fundamental principle that each group benefits from being part of the greater whole. For more information, visit www.aresmgmt.com

Ares EIF is the power and energy infrastructure strategy within Ares’ Private Equity Group, with a 31-year track record of investing in assets and companies in the power generation, transmission and midstream sectors.  Since inception, Ares EIF-managed funds have made approximately 70 equity investments in nearly 130 different power and energy infrastructure assets with a combined underlying enterprise value exceeding $20 billion. During the last 15 years, Ares EIF has invested in nearly 9,000 MW of greenfield generation and transmission projects, as well as 200 miles of greenfield pipeline projects, representing over $11 billion of capital costs.

About The Conti Group
The Conti Group is a holding company which owns businesses, assets and invests in development, engineering, construction, infrastructure, real estate, renewable energy, logistics, software and healthcare.

The Conti Group has a 112-year history of building successful, reputable businesses which make a positive impact. www.thecontigroup.com