APR Renewables Secures Investment to Accelerate Growth
PALM BEACH GARDENS, Fla. (PRWEB) May 17, 2023 -- APR Renewables (APR) announced the closing of a multi-million dollar financing round with Jacobson Partners. This funding will propel APR’s expansion into states that are set to significantly benefit from the recently passed United States Inflation Recovery Act of 2022 (IRA Act).
APR develops, builds, and operates large commercial and utility-scale solar and energy storage assets that provide clean green energy to multi-national companies, electrical utilities, industrial and warehousing, data centers, communities, and government entities. APR is led by an executive team of renewable energy, corporate finance and investment banking veterans.
“For nearly 14 years, APR’s executive team has successfully implemented its mission of building green assets that provide the energy needs for the world’s leading companies and brands. We are pleased to announce the expansion of our business offerings and services into new markets with the strategic investment from Jacobson Partners,” said AJ Javan, Founder of APR Renewables.
“Jacobson Partners enthusiastically supports APR Renewables’ management team at this opportune time for the solar industry,” said Benjamin Jacobson, Founder and Managing General Partner of Jacobson Partners.
The $391 billion IRA Act of 2022 constitutes the largest investment by the United States in energy and climate change to date. Favorable incentives for renewable energy include a 10-year extension on the investment tax credit solar and battery storage systems.
About APR Renewables
APR Renewables is a green energy provider specializing in solutions for customers seeking immediate results for their environment, sustainability, and savings goals through our rapid implementation of clean energy technologies. APR Renewables supplies its customers with green energy through flexible power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs), tailored to meet their individual needs. For nearly 14 years, APR Renewables’ executive team has successfully implemented the mission of building green assets that provide the energy needs for the world’s leading companies and brands.
About Jacobson Partners
Jacobson Partners is a private equity firm that invests up to $250 million in growth and operating companies. The firm has created significant value by investing and partnering with and supporting each company’s management with Jacobson Partners’ team of experienced operating partners and investment advisors.
Victoria Reardon, APR Renewables, http://www.aprenew.com, 1 561-769-2769, [email protected]
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