SAN FRANCISCO, CA May 24, 2016 – Radian Generation (RadianGEN), an independent asset management and O&M firm providing comprehensive software and services to solar project owners, has closed a new round of investment with Solar Plus International (Solar Plus). Solar Plus is a diversified renewable energy company based in Hong Kong and a member of AP Capital Group. RadianGEN plans to use the new funding to accelerate the development of its Lens™ solar asset management software platform and expand its asset management services into new markets in the U.S., Europe, and Asia.
RadianGEN’s services and Lens™ software improve returns on renewable energy investments through effective, comprehensive management of technical operations, financial reporting and contractual compliance. Investors can grow their portfolios, reduce risk and enhance continuity planning with a single, centralized platform that consolidates project information, field services, and management processes. The software is available as stand-alone Software as a Service (SaaS) or in combination with solar asset management services provided by RadianGEN’s growing staff of experts.
Paul Cheng, CEO of Solar Plus, remarked: “RadianGEN already has a strong footprint in the U.S. asset management and O&M markets, and we are excited about this opportunity to support them in leveraging this service offering using the Lens™ software product. The software is a critical tool for helping owners understand and improve project performance, while reducing compliance risk. The investment in RadianGEN offers Solar Plus an opportunity to work with one of the most experienced solar management teams in the U.S. and capitalize on the exciting growth of the global solar asset services sector. We look forward to working with RadianGEN in expanding their products and services around the world, especially in new markets in Asia and Europe.”
Chad Sachs, CEO of RadianGEN, commented: “We are pleased to have found an investor and partner that values the long term performance of well-run assets. Investors want higher quality service at cost effective prices across a growing number of geographical jurisdictions. This investment provides us with the funding and strategic support to ensure that we can continue to grow with customers and remain a leading solar service provider.”
About Solar Plus International:
Solar Plus International is a diversified renewable energy company with expanding global operations, primarily engaged in origination and investment in renewable energy generation and storage, energy efficiency management, and energy asset management. The Company is a member of AP Capital Group, an independent alternative investment firm based in Hong Kong and co-founded by former Asia Pacific Chairman of Goldman Sachs. The Company maintains its head office in Hong Kong and was founded in 2012 through capital investment from AP Capital. To learn more about Solar Plus International, please visit www.solarplusintl.com/about-us.html
About Radian Generation:
Radian Generation is an independent solar asset management and field services firm. RadianGEN is a growing team of solar industry veterans, with proprietary technology and processes that deliver best-in-class solar asset management and field services. RadianGEN provides project investors, lenders, and operators with comprehensive management services and software necessary to ensure their projects perform contractually, technically and financially. The team works with leading infrastructure funds, national utilities, developers, IPPs, and O&M providers to generate higher ROI on solar assets. RadianGEN currently provides asset management services to over 520MW of solar and wind assets under management across the Americas, Canada, and the Caribbean. To learn more, please visit www.radiangen.com
Radian Generation: email@example.com or +1 (415) 901-3430.
Solar Plus International: firstname.lastname@example.org or +(852) 2809-0000.
Chad Sachs, CEO & Founder, will be speaking on the panel discussion: Preparing for future changes in market participation
SAN FRANCISCO, CA and BOSTON, MA Jan 27, 2016 – Radian Generation (RadianGEN), an independent asset management and O&M firm focused on the residential, commercial, and utility-scale solar sectors, has entered into an agreement with BlueWave, a leading Boston-based solar project development and fin-tech company, to provide comprehensive asset management and O&M services for BlueWave’s Community Solar portfolio in Massachusetts. Under the program, RadianGEN will support operations, maintenance, contract compliance and financial management for a 25 MW solar portfolio of BlueWave assets to be commissioned in 2016. RadianGEN’s role will expand as the portfolio moves through development and reaches commercial operation.
“We look forward to working with RadianGEN and their knowledgeable team on our community solar projects,” said Craig Wetmore, Managing Director at BlueWave, “It was important for us to partner with a group that has deep experience dealing with multiple asset management roles: O&M, contracts, and financial management. The comprehensive service offering combined with their Lens software was also compelling.”
“BlueWave is a leader in moving the community solar model forward in Massachusetts; we are pleased to support BlueWave’s continued growth” said Chad Sachs, CEO of RadianGEN. “We are excited that first class developers like BlueWave see the benefit of outsourcing asset management and O&M services and choose RadianGEN as a partner.”
BlueWave is a solar energy company founded on a mission to protect our planet by expanding access to solar for everyone, everywhere. We are driven to transform the energy status quo—enabling communities to take control of their energy production, and consumers to choose clean, low cost power. Founded in Massachusetts with operations around the globe, BlueWave remains committed to our founding principles: preserving the environment; honesty and transparency in everything we do; and respecting and supporting our employees, partners, and customers.
Learn more about BlueWave’s Consumer Products & Platform: www.bluewaverenewables.com; Learn more about BlueWave’s solar project development work: www.bluewave-capital.com
About Radian Generation:
Radian Generation is an independent solar asset management and field services firm. RadianGEN is a growing team of solar industry veterans with proprietary technology and processes that deliver best-in-class solar asset management and field services. RadianGEN provides project investors, lenders and operators with the comprehensive management services and software necessary to ensure their projects perform contractually, technically and financially. The team works with leading infrastructure funds, national utilities, developers, IPPs and O&M providers to generate higher ROI on solar assets. RadianGEN is a member of QuietStream Financial’s portfolio of technology and asset management service providers that work together in the commercial real estate, renewable energy, and affordable housing investment sectors. RadianGEN currently has 300MW and counting of solar and wind assets under management across the Americas, Canada and the Caribbean. To learn more visit: www.radiangen.com. For additional information, contact Radian Generation at 1-415-901-3430 or email@example.com
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Radian, founded in 2013 by a team of renewable industry veterans, optimizes the performance of our customers: infrastructure funds, national utilities, developers, IPPs, and O&M providers, by offering a full range of services and our proprietary cloud-based technology platform, LENSTM. This comprehensive offering, enabled with our industry best practices, spans all project owner needs: field services, operations, monitoring, contract compliance, and financial management.
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