PRESS RELEASES

FOSS & COMPANY AND KOREA ELECTRIC POWER CORPORATION CLOSE ON APPROXIMATELY $50 MILLION TAX EQUITY PARTNERSHIP FOR 60 MWDC PHOTOVOLTAIC POWER PLANT

The power plant will be located in Mangilao, Guam, and aims to provide ongoing, positive economic benefits to the island   DENVER, May 17, 2022 — Foss & Company, a leading institutional investment fund sponsor, announced today that it closed on a tax equity partnership with Korea Electric Power Corporation (KEPCO) for approximately $50 million of investment. The…
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PIVOT ENERGY CLOSES $190 MILLION OF DEBT AND TAX EQUITY FINANCING TO SUPPORT 90 MW DISTRIBUTED GENERATION SOLAR PORTFOLIO

Silicon Valley Bank will provide the debt financing, and Foss & Company will provide the tax equity investment for the portfolio.   DENVER, April 18, 2022 — Today, Pivot Energy is excited to announce the closing of a $190 million financing facility to support a multi-state portfolio of distributed generation solar projects. Silicon Valley Bank (SVB) will…
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Foss & Company Names New Senior Vice President of Investments

Kimberly Carlini will be joining senior management to further enhance Foss & Company investment team’s efforts San Francisco, CA – April 5, 2022 – Foss & Company, a leading institutional investment fund sponsor, has announced the hiring of Kimberly Carlini as Senior Vice President of Investments. The hiring further strengthens the firm’s senior team, which continues…
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Adaptive Re-Use of a Warehouse in Asheville’s River Arts District Breaks Ground

Hatteras Sky Breaks Ground on 70-Key Boutique Hotel in River Arts District ASHEVILLE (January 26, 2022) — Hatteras Sky, a commercial real estate development firm, has broken ground on its adaptive re-use of a vacant warehouse at 95 Roberts Street in the River Arts District (RAD). The project, an independently branded hotel called The Radical,…
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Summit Ridge Energy and Osaka Gas Reach Solar Milestones in Maine

Arlington, VA – November 4, 2021 – Summit Ridge Energy (“SRE”) announced today the completion of the first project in their 200 MW Maine community solar portfolio, a 6.3 MWdc array in Hermon, ME that will serve 850 households and small businesses across the state. The project, owned through SRE’s joint venture with Osaka Gas USA (“OGUSA”) announced…
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City Foundry STL Named as Winner of 2021 Novogradac Journal of Tax Credits Historic Rehabilitation Award

The former foundry has earned an award as a HTC Non-Residential Development that Best Exemplifies Major Community Impact San Francisco, CA – July 1, 2021 – This July, City Foundry STL was named the Historic Tax Credit (HTC) Non-Residential Development that Best Exemplifies Major Community Impact for the 2021 Novogradac Journal of Tax Credits Historic Rehabilitation…
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Summit Ridge Energy announces tax equity partnership with Foss & Company

ARLINGTON, Va., April 14, 2021 /PRNewswire/ — Summit Ridge Energy (SRE) announced today that it has secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund approximately 73 MWdc portfolio of residential and commercial community solar projects across Illinois, Maryland and Maine. “As the leader in the acquisition and financing of community solar projects, Summit Ridge is…
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