KSI In the News
Kendall Sustainable Infrastructure Brings 17 MW of New Solar Online in the Fourth Quarter of 2020
Cambridge, MA. Kendall Sustainable Infrastructure, LLC (“KSI”) placed 17 MW of new solar capacity online during the fourth quarter of 2020. The projects are a continuation of KSI’s leadership in building and owning distributed-scale solar power projects. KSI now owns 71 MW of solar power, with 50 MW online and another 21 MW in active construction.
KSI’s four new projects serve various communities and businesses across New York State. Host locations include the greater Rochester area, Central New York and the Plattsburgh region including the towns of Ontario, Macedon, Orange and Mooers. Together, the new projects produce enough electricity to power approximately 3,000 households. They will reduce approximately 13,200 metric tons of carbon emissions per year. Off-takers for the power include community members and New York-based businesses.
The new projects add to KSI’s presence in the northeast and New York State. “KSI has been serving businesses and households in New York for several years and we are pleased to further increase our presence here,” said John Chaimanis, Managing Director. “New York homes and businesses now have the opportunity to benefit from long-term, cost-effective solar power.”
The projects are KSI’s first portfolio to come online after the COVID-19 pandemic. “It is great to see the excitement and sense of pride that communities are showing as we bring these projects online,” said Ken Lehman, Managing Director. “It is a tribute to our team, which has been working through difficult conditions all year, including a construction moratorium.” KSI is actively building additional projects in New York and Rhode Island and is seeking opportunities in other states.
KSI partners with local developers and EPC contractors on solar and other sustainable infrastructure projects.
Kendall Sustainable Infrastructure, LLC (“KSI”) is an infrastructure investment firm dedicated to building and owning sustainable, long-lived assets, including solar, water, and other infrastructure projects. We build and operate cleaner, more resilient, more local and more efficient infrastructure. Doing this improves the quality of life for all. We believe that by empowering local companies through the provision of finance and a problem solving mindset that we can deliver these very heavily demanded solutions. The companies that we empower will grow, their communities will get stronger, and we can produce attractive returns to our investors. Investors in KSI-managed funds include institutions, family offices and individuals.
Kendall Sustainable Infrastructure Secures $27M Back-Leverage Debt Facility on Operating Solar Portfolio
“We were pleased with the attractive terms of the refinancing,” said Managing Director Ken Lehman. “We built a portfolio with great performance and great off-takers and we are glad to now match it with a strong refinancing package.”
The refinancing reflects the progress that solar has made. “Years ahead of the current energy transition, we began working on building and operating sustainable infrastructure projects that meet fundamental needs, help their communities and provide solid returns for the investors who back them,” said John Chaimanis, Managing Director. “This refinancing is additional validation that the world is transitioning to more sustainable infrastructure.”
KSI II is actively being deployed, and it is expected that KSI III will be available in the coming months.
Kendall Sustainable Infrastructure, LLC (“KSI”) is dedicated to building and owning sustainable, long-lived assets, including solar, water, and other infrastructure projects. We believe that changing the way people get electricity and manage water can be done more resiliently and cleanly. Doing this improves the quality of life for all us. We believe that by empowering local companies through the provision of finance and a problem solving mindset that we can deliver these very heavily demanded solutions. The companies that we empower will grow, their communities will get stronger, and we can produce attractive returns to our investors.
KSI provides capital to local developers and EPC contractors during development and at project takeout. Please reach out to us if you have projects that you would like to discuss.
Sherin and Lodgen Represents Cambridge Savings Bank in Financing of 40 Solar Sites in Vermont, New York, and California
Sherin and Lodgen represented lender Cambridge Savings Bank in the $27 million back leveraged debt refinancing to Kendall Sustainable Infrastructure I, L.P, a fund managed by Kendall Sustainable Infrastructure, LLC, in connection with 40 solar sites in Vermont, New York, and California. The Sherin and Lodgen team was led by partners, Beth A. Goldstein and Jack G. Anetakis, and included Paula G. Curry, partner, and Daniel C. Johnston and Tanya M. Larrabee, associates.
About Cambridge Savings Bank
Cambridge Savings Bank (CSB) is a full-service banking institution with over $5 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services and has branches located in Arlington, Bedford, Belmont, Burlington, Cambridge, Charlestown, Concord, Lexington, Melrose, Newton, and Watertown.
About Kendall Sustainable Infrastructure
Kendall Sustainable Infrastructure, LLC (KSI) is an infrastructure investment firm dedicated to building and owning long-term assets, including solar, water, and other sustainable infrastructure projects. They build and operate cleaner, more resilient, and more efficient infrastructure that serves local communities. KSI’s financial and operational resources are devoted to empowering communities and providing attractive returns to our investors.
Local villages make the switch to solar energy
The villages of Brockport, Lima and Sodus Point switched to solar energy in 2019, allowing the reallocation of funds previously budgeted for rising municipal electric bills.
GreenSpark Solar, a renewable energy company in Ontario, installed nearly 2 megawatts of solar energy for the three villages in partnership with Kendall Sustainable Infrastructure.
“It is a great privilege to work with our local municipal leaders who take meaningful action to address the carbon footprint of our communities,” said Kevin Schulte, CEO of GreenSpark Solar. “Solar is a better, cheaper alternative to purchasing utility power and it requires great local leaders to have the foresight to bring these projects to fruition. These three solar projects represent the opportunity for every municipality in New York to go solar, in an effort to think globally and act locally.“
Mayor Margaret Blackman championed the village of Brockport’s project. Blackman started the process of going solar years ago, but it wasn’t until 2018 that she put pen to paper with GreenSpark to move forward with a 650-kilowatt project at the village’s capped landfill.
Brockport is expected to save more than $300,000 through the 25-year warranty of the solar array, and even more beyond that time. The first year of operation will see nearly $15,000 of savings. The project went live in December 2019.
“We were very happy that we could include our tri-municipal library and the Brockport Fire District on our solar array,” Blackman said. “We look forward to offering community-distributed generation to Brockport residents in the future and completing the buyback of over 400 street lights, which will all be outfitted with LED lights to save even more.“
By mid-December, the village of Lima solar project had started delivering solar energy to the power grid from the 450kW solar array on West Main Street behind the Lima Ambulance Bass.
The solar array consists of 1,300 solar panels and is expected to supply 100% of the electrical energy needs of all village-owned facilities. Over the life of the solar array, which comes with a 25-year warranty, the village is expected to see over $300,000 in energy savings.
The village of Sodus Point’s solar array was the final of the three to go live, producing power on the final day of the decade. The 675kW solar array is split, 40% of which powers households in Greater Rochester through community-distributed generation, also known as community solar. The remaining 60% — 270kW — is allocated for the village’s municipal facilities resulting in an expected savings of at least $80,000 in the first 20 years.
The design, development and construction of the projects was made possible by a power purchase agreement between the villages and KSI, which provided the funds for GreenSpark to design and build the projects. With KSI as the owner of the solar arrays, the villages were able to receive the benefits of solar energy with $0 capital investment. The municipalities agreed to lease the land used for the projects and will purchase the energy produced by the solar array at an established price for 20-25 years.
“One of our specialties is providing the capital that allows municipalities to participate in solar, with no money down, and in a way that actually reduces their operating costs,” said John Chaimanis, managing director of KSI.
GreenSpark applied for and received grants on behalf of all three villages separately through the NY-Sun Initiative, which is administered by the New York State Energy Research and Development Authority.
Celebrations and ribbon-cuttings for the solar arrays are planned for later this year. GreenSpark, KSI and the village of Brockport will celebrate its now solar-powered library this spring. The village of Sodus Point will celebrate its solar array during pollinator week at the end of June after planting pollinator-friendly habitats in and around the array.
Solar array powers up in Red Hook, serves town and two villages
RED HOOK, N.Y. — The switch has been flipped to turn on the 1.73-megawatt solar power array behind the town highway garage.
The $4.3 million project — which will provide electricity to the town and village of Red Hook and the village of Tivoli — became fully operational on Dec. 31, 2019, and is expected to reduce the municipalities’ electric bills by 10 percent.
Village of Red Hook Mayor Ed Blundell noted the project was funded by private investors.
“They are developers and we purchase power from them,” he said at a Village Board meeting Monday.
The developer, SunCommon, created the array of solar panels on about 8.7 acres between South Broadway (U.S. Route 9) and Glen Pond Drive.
The array is to provide enough electricity to serve the three municipalities and create some discounts for residential properties that don’t have their own solar equipment.
“We had enough power left for 250 customers, which we love because, in the village, we have smaller footprint houses,” Blundell said. “… So it’s hard to get solar [panels] on them just because they don’t point the right way.”
Blundell said the agreement with SunCommon will allow the municipalities, eventually, to purchase the solar array at a reduced price.
“In six years, there’s a window for municipalities to buy the project,” he said. “… We could theoretically get a $4 million plant for $2 million.”
Blundell also said there have been some pleasant surprises regarding the quality of the array.
“I was with the fellows from SunCommon … and they said this winter, during clear nights … [with a] full moon, there was kilowatt generation,” he said. “Nothing like the full capacity it can do, but it was pretty amazing.”
Clean Energy Will Replace More than 600 tons of ghg emissions annually
Latest Solar Project Further Demonstrates Company’s Dedication to Renewable Energy
Listen to co-founder and managing director john chaimanis discuss his perspective on the uS solar market.
Cambridge, MA, March 26, 2019
Solar Maverick’s Benjoy Thanjan and Kendall Sustainable Infrastructure’s John Chaimanis discusses current trends in the rapidly evolving industries of solar power and renewable finance. In addition to sharing KSI’s focus on people and relationships, John covers a variety of topics including YieldCos, Community Solar, forward pricing perspectives, and storage.
Local Non-Profit Goes Solar
Parma, NY, December 15, 2018
Rochester, NY – Heritage Christian Services (HCS), a non-profit offering supports and services for people with intellectual and developmental disabilities in Upstate NY, is going green with a 2.69 MW solar array in Parma, NY. This array will allow Heritage Christian to have a more responsible energy footprint and reinvest the savings back into its dedicated workforce. The solar project was developed and installed by Ontario, NY based GreenSpark Solar, a local B Corp serving the Greater Rochester Area, the Finger Lakes region, and Western NY for over 17 years.
“Our workforce not only does a tremendous job supporting people, but they also care about our environment,” said Drew Bielemeier, Senior Vice President of Operations at HCS. “The solar idea came from our staff and we are excited to partner with GreenSpark to achieve a more responsible carbon footprint while reducing our costs.”
The 2.69 MW solar project serves dual purposes with two thirds of the array dedicated to community distributed generation, bringing solar energy to over 300 Rochester area households through a Community Solar Array (CSA). HCS is receiving over 1MW of solar power from the array, which produces enough energy to cover over 60% of Heritage Christian Services’ electrical needs in the Rochester area.
The solar array began producing energy in December of 2018. The project is owned by Kendall Sustainable Infrastructure, with HCS as the purchaser of the solar energy through a Power Purchase Agreement (PPA). With the PPA model a third-party financier is able to utilize the tax incentives, while HCS saves millions throughout the life of the array.
Bielemeier added the agency plans to continue partnering with GreenSpark Solar in 2019 to address more of its electric needs in the Rochester and Buffalo regions. Over the next 25 years, HCS looks to save approximately $2 million in energy costs.
“If more organizations took advantage of the financial benefits of solar energy, the entire economy of the Greater Rochester area would improve,” said Kevin Schulte, CEO of GreenSpark Solar. “We are talking about a non-profit, with budget constraints, taking positive steps to invest in their future. Heritage Christian Services has it right – they are showing its vast community how solar energy adoption positively impacts the daily lives of their employees, the people they serve, and their circles of support.”
Also benefiting from the solar project are Monroe County and the Town of Parma. As well, Hilton and Spencerport Central School Districts have access to the array for educational resources, including access to monitoring information and class field trips.
GreenSpark Solar applied for and received a grant on behalf of HCS through the NY-Sun Initiative, which is administered by the New York State Energy Research and Development Authority (NYSERDA) and is part of Governor Cuomo’s commitment to combating climate change and lowering energy costs for all New Yorkers. New York’s Clean Energy Standard recently increased from 50 to 70 percent renewable electricity by 2030, making it one of the most aggressive clean energy goals in the country. This commitment expands the clean energy economy in New York, creating local jobs. Outside of GreenSpark employees, this project employed over 70 workers from Rochester area companies.
Mount Snow Resort Announces New Solar Projects with Kendall Sustainable Infrastructure and Green Lantern Development
For immediate release
Mount Snow, VT, February 15, 2018
Mount Snow, Kendall Sustainable Infrastructure, LLC (“KSI”) and Green Lantern Development, LLC are pleased to announce the commencement of operation of two new solar power projects in Southern Vermont.
The two projects have a combined capacity of 1.5 megawatts of power, and will create power that will offset Mount Snow’s electricity usage and will reduce its energy bills for the next 20 years or more. Together, the two systems are expected to generate 1.8 million kilowatt hours in their first year of operation and 34 million kilowatt hours over the next 20 years.
“Mount Snow is pleased to begin this important relationship in the midst of another great winter season,” said Erik Barnes, VP and general manager of Mount Snow. “While the energy cost savings from these projects are substantial and important, we also firmly believe that the growth of solar power in Vermont has been positive, not only for Mount Snow and our guests, but for the entire state as well, as we all work toward a future powered by clean energy.”
“We are pleased to enter a long-term partnership with Mount Snow. It is a longstanding iconic Vermont resort that will benefit for many years to come from the power created by our solar projects,” said KSI managing director John Chaimanis.
“Our projects produce many positive impacts, even beyond the power they produce,” said Ken Lehman, a managing director at KSI. “Those additional impacts include local job hours and productive use of land for local landowners. It is a win-win for all involved.”
Vermont solar developer Green Lantern Development, LLC served as the developer and general contractor for both projects. “These are another two accomplishments in our series of solar projects. Vermont has become a hub for solar development and now serves as a model for other states to incorporate solar into their energy production mix,” said Luke Shullenberger, managing partner at Green Lantern Capital.
About Mount Snow
Mount Snow is a premier four-season resort located in the Green Mountains of southern Vermont, featuring four mountain faces of downhill skiing and snowboarding – including the east’s number one Terrain Park, Carinthia – slopeside lodging, golf at the acclaimed Mount Snow Golf Club, as well as flexible wedding and conference facilities. Other activities include snow tubing, ski lessons, snowboard lessons, downhill mountain biking, and a full schedule of festivals and events. Mount Snow is a member of the Peak Resorts family. To learn more about Mount Snow, visit mountsnow.com.
About Kendall Sustainable Infrastructure, LLC
Kendall Sustainable Infrastructure, LLC (“KSI”) is a private real asset firm focused on sustainable infrastructure projects. KSI’s projects serve municipalities, universities, schools, hospitals, businesses and community members. KSI is a leader in sustainable project finance. We differentiate ourselves by participating in the often-underserved small to mid-markets. Our approach emphasizes attractive financial transactions for all parties and environmental sustainability. We are thought leaders, fundamental investors, and we aim to positively impact the world with every dollar we invest. KSI is based in Cambridge, MA and is affiliated with Kendall Investments, LLC.
About Green Lantern Development, LLC
Green Lantern is a leading developer of clean, distributed energy solutions and mixed-use real estate. Our services include strategic planning and consulting, project management and turn-key development solutions.
Kendall Sustainable Infrastructure Announces Completion of $50 million in Distributed Generation Solar
CAMBRIDGE, January 31, 2018
Kendall Sustainable Infrastructure, LLC (“KSI”) today announced that it has reached the milestone of completing over $50 million of newly built distributed solar projects. The portfolio consists of 37 projects with a combined capacity of approximately 20 megawatts of power, or enough power for over 3,000 homes.
“We applaud our teammates, partners and stakeholders who have put their hard work into realizing this milestone with us,” said Managing Director John Chaimanis. “The distributed segment of the market is expected to grow nationally by around 11,000MW over the next 5 years, and we are well positioned to grow with it.” Chaimanis further added, “Each of our projects involves local developers, engineers, construction workers and other professionals, which means not only clean energy, but also jobs for local communities.”
The announcement comes at a time when larger competitors have abandoned or ignored the smaller-sized “distributed generation” market, opting into larger utility-scale projects.
“Distributed generation has a vital role to play. It is generated close to where it is consumed, readily interconnected to the grid and dependable,” said Ken Lehman, Managing Director. “It also has local impact. Our projects help individuals, communities, businesses, and the environment, so we see it as $50 million worth of positive impact. Our off-takers benefit from lower power prices. Local landowners benefit by putting available space to good use. And we all benefit from the production of clean power.”
The Kendall Sustainable Infrastructure portfolio serves utilities, municipalities, universities, school systems, hospitals and businesses, and includes community solar projects that serve individual households.
About Kendall Sustainable Infrastructure, LLC
Kendall Sustainable Infrastructure (KSI) is an innovative asset management firm that creates value though investments in energy, water, and other sustainable real assets. We are leaders in sustainable project finance. We positively impact the environment, society and the economy locally where we own our assets. We differentiate ourselves by participating in the often-underserved small to mid-markets. Our approach emphasizes attractive financial transactions for all parties and attention to relationships. We are thought leaders, fundamental investors, and we aim to positively impact the world with every dollar we invest. KSI is nationally focused, based in Cambridge, MA and is affiliated with Kendall Investments, LLC.
Kendall Sustainable Infrastructure Cuts Ribbon on Solar Project Serving City of Montpelier, VT
MONTPELIER, August 1, 2017
Officials from the City of Montpelier met with Kendall Sustainable Infrastructure (KSI), and its partners Novus Energy Development and Green Lantern for the ribbon-cutting ceremony of a solar project in Montpelier today. The project is one of a portfolio of similar KSI projects in Vermont. The project creates power that will offset the City of Montpelier’s energy usage and reduce its energy bills. The system is just under 700 kWDC, which is expected to generate approximately 800,000 kilowatt hours of clean electricity during its first year in service. The City of Montpelier has estimated that it will save between $40,000 and $50,000 a year in energy costs through the program.
KSI Managing Directors Ken Lehman and John Chaimanis were on hand for the ceremony. “Providing long-term savings with solar generated power to the City of Montpelier through Vermont’s net metering program is directly in line with our mission: building and owning sustainable infrastructure facilities that promote the transition from legacy high carbon and unsustainable facilities,” said John Chaimanis. “This solar project is the culmination of a coordinated effort,” remarked Ken Lehman. “It involved city officials, local developers, engineers, construction crews and many others who worked together make it a reality. We are proud to help the City of Montpelier reach their Net Zero goals.”
The Montpelier solar project is part of the Montpelier Energy Advisory Committee’s (MEAC) “Net Zero Montpelier” program to move toward clean energy sources. “The Montpelier Energy Advisory Committee is very excited to see the results of many years of hard work to bring these solar arrays online for the City,” said Kate Stephenson, MEAC Chair. Along with Stephenson, City Manager Bill Fraser, array owners KSI, and members of MEAC met at the site to highlight the achievement.
Lou and Alex Bravakis of Novus Energy Development agreed that the project represented “a major accomplishment for the City of Montpelier and for the Vermont renewable community.” Luke Shullenberger of Green Lantern noted that the Montpelier project was “the product of an active community of industry professionals who are helping Vermont transition to local, renewable energy sources.”
About Kendall Sustainable Infrastructure: Kendall Sustainable Infrastructure, LLC (“KSI”) is a private real asset firm focused on sustainable infrastructure projects. KSI’s projects serve municipalities, universities, schools, hospitals, businesses and community members. KSI is based in Cambridge, MA.
ImpactAssets Releases Annual IA 50 Impact Investment Fund Showcase
BETHESDA, October 21, 2015
ImpactAssets has released its 2015 impact investing showcase, the ImpactAssets 50 (IA 50), a free online resource for investors and financial advisors. The fifth annual guide features fund managers representing private debt and equity investments that deliver social and environmental impact as well as financial returns.
Fund managers included in the IA 50 2015 manage an estimated $13.3 billion in assets devoted to creating measurable, positive impact.
“As impact investing continues to move into the mainstream, the IA 50 list has become the ‘go to source’ for new impact investors seeking a curated overview of impact funds,” said Jed Emerson, Chief Impact Strategist of Impact Assets. “It’s exciting to see a growing number of investors creating change and making impact with their resources.”
The IA 50 is the only free, public, searchable database of outstanding impact investing fund managers. This year’s showcase, which includes funds based in the United States, Africa, Europe and Latin America, highlights the increasingly diverse opportunities for investors to help create social value across the globe. The featured funds focus on issue areas including: health and wellness, microfinance, small business development, sustainable agriculture, and water and sanitation.
The IA 50 Selection Committee is chaired by Jed Emerson and includes: Karl “Charly” Kleissner, Co Founder of Toniic and KL Felicitas Foundation; Kathy Leonard, Senior Vice President – Investments and Senior Portfolio Manager for UBS; Liesel Pritzker Simmons and Ian Simmons, Co-Founders of Blue Haven Initiative; and Matthew Weatherley-White, Managing Director of The CAPROCK Group.
“The IA 50 provides an entry point for investors and advisors seeking fund managers with established track records across a range of impact investment criteria,” said Kathy Leonard, Senior Vice President – Investments and Senior Portfolio Manager for UBS. “Investors who have been watching from the sidelines and waiting for the field to mature will find no shortage of opportunities.”
ImpactAssets produces the IA 50, and has released 15 impact investing issue briefs to help both novice and experienced investors better understand the field and vet the opportunities that may best serve their goals.
“Every year we see the quality of applications increase, and a more nuanced understanding of the risk, return, and impact profiles of each fund manager articulated in their profiles,” said Amy Bennett, ImpactAssets’ Director of Marketing. “The commitment to evaluation and metrics to support each fund’s investment thesis has also grown in the IA 50 2015.”
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is not a replacement for due diligence. In order to be considered for the IA 50 2015, fund managers needed to have at least $10 million in assets under management, more than 3 years of experience as a firm with impact investing and documented social and/or environmental impact. Additional details on the selection process are here.
About ImpactAssets: ImpactAssets is a nonprofit financial services firm that increases the flow of capital into investments that deliver financial, social, and environmental returns. ImpactAssets’ donor advised fund (The Giving Fund), impact investment notes, and field building initiatives enable philanthropists, other asset owners, and their wealth advisors to advance social or environmental change through investment.
KYOCERA, SunCommon and Kendall Sustainable Infrastructure Introduce Innovative Community Solar Array Program in Vermont
MONTPELIER, September 15, 2015
Kyocera Solar, Inc. announced today a partnership for an innovative Community Solar Array (CSA) Program in Vermont that offers a cost-effective way to participate in solar. Approximately 50 projects averaging 200kW each will enable consumers to virtually purchase about 13 megawatts of solar power without installing individual rooftop systems.
The CSA Program is a group effort coordinated by Kendall Sustainable Infrastructure (KSI), an impact investment firm and principal sponsor; Kyocera, a leading solar manufacturer providing solar panels and additional capital; and SunCommon, Vermont’s largest residential solar company heading project development, EPC and ongoing support.
Under the new CSA Program, landowners within an electrical service territory can arrange to dedicate a portion of their property to generating clean energy — a new “cash crop” helping farmers and Vermont landowners stay on their land. Each acre of solar panels generates enough electricity to power about 30 homes.
Participants enroll to virtually purchase power generated by solar arrays within their service territories. Solar power is fed into the grid, and participants purchase an amount of grid power equal to that generated by the arrays. The partnership expects to construct 50 CSAs, with nearly a dozen online or expected to be operational by year-end and the remainder in 2016.
“This Community Solar Array Program offers a tremendous opportunity for Vermonters to benefit from solar energy, even if their rooftops don’t provide ideal conditions,” said Hitoshi Atari, President, Kyocera Solar, Inc. “With our partners, we’re able to implement best practices, including integration of residential solar, flexible participation terms and deep community engagement.”
“With the help of Vermont’s supportive solar policies, we can offer Community Solar with no up-front purchase cost,” said SunCommon co-president Duane Peterson. “CSA participants simply sign up for the program for a monthly payment that’s actually less than their former power bill. It turns out that doing the right thing while saving money is a popular offering.”
“This pioneering program combines mature aspects of the power and solar industries with innovation, and is the right opportunity to put our impact investors’ capital to work building clean energy,” said John Chaimanis, Managing Director of Kendall Sustainable Infrastructure. “SunCommon has put together an excellent program in Vermont and is a detail oriented community partner; combined with world-class solar power equipment and sophisticated financing, our capital is making a direct impact both for Vermont ratepayers and the global climate.”
About the Program Participants
Kyocera Corporation of Kyoto, Japan, recorded consolidated sales of $12.7 billion in the fiscal year ended March 31, 2015. The company has a 40-year tradition of innovation in solar energy research, development and manufacturing, with a U.S. customer base served by Kyocera Solar, Inc. of Scottsdale, AZ.
SunCommon is a Vermont Benefit Corporation founded on the belief that everyone deserves a healthy environment and safer world – and that clean energy is where it starts. Now the state’s largest residential solar business, SunCommon is a Certified BCorp committed to the triple bottom line of people, planet and profit.
Kendall Sustainable Infrastructure, LLC (KSI) is an investment firm affiliated with Kendall Investments focused on building, financing and owning sustainable infrastructure projects and renewable energy assets. The firm works closely with investors, developers, product suppliers and other parties to build world-class renewable energy facilities that have positive, long-term financial, social and environmental impacts.