Altus, RGS Energy Form $150M Solar Project JV

Law360, New York (February 5, 2014, 3:43 PM EST) -- Renewable energy company RGS Energy and Altus Power America Management LLC, a Connecticut-based investor of solar power projects, have teamed up to form a new joint venture to develop, finance and manage up to $150 million of commercial solar projects, the companies announced Tuesday.

The new joint venture between Colorado-based RGS Energy, which is a unit of Real Goods Solar Inc., and Altus will be called RGS Energy Asset Management LLC. It’s designed to bring RGS Energy into the fold of energy asset ownership, leveraging both...
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