Renewable Energy: Pioneer Green Energy
In 2010, One51 invested in Pioneer Green Energy LLC, a next generation wind developer focused on developing assets in a number of US states. One51 has board representation and an option to take a controlling interest in the business.
Pioneer Green aims to assemble a large pipeline of competitive build-ready wind and solar projects targeted to the mid-term market in the United States. The company sees its niche in the innovative approach it takes solving transmission and other special issues blocking otherwise good renewable energy projects.
Headed by Andrew Bowman, Pioneer Green boasts an experienced founding team who, in their respective careers to date, have helped develop almost 3 GW of operational projects across America. These projects are now owned by some of the largest renewable energy companies in the industry.
Pioneer Green has a broad geographic reach, however the team remain extremely discerning when considering potential projects. Once a development is selected, Pioneer Greenís hands-on detail orientated approach to project management fosters a collaborative relationship with property owners and other stakeholders, enabling previous obstacles to be surmounted to mutual benefit.
To learn more, visit the Pioneer Green Energy website.
OTHER RENEWABLE ENERGY
One51 has also invested in OpenHydro, an underwater tidal turbine developer. Electricity de France (EDF) has selected OpenHydro for its pilot tidal turbine farm in Brittany, France.