Walmart Executes Agreements for 46 Solar Projects Across the US with C2 Energy Capital
C2 Energy Capital secures 46 Power Purchase Agreements and leases with Walmart for rooftop and carport solar installations at retail outlets in five states helping the world's largest retailer move closer to their renewable energy goal of 50% by 2025.
"Solar is a vital component of Walmart's expanding renewable energy portfolio," said Mark Vanderhelm, vice president of energy for Walmart Inc. "Walmart plans to tirelessly pursue renewable energy projects that are right for our customers, our business and the environment. These planned projects with C2 Energy Capital are moving us in the right direction toward our renewable energy goals."
This landmark commercial solar deal comes one year after Walmart chose C2 Energy Capital to install 13 solar projects in South Carolina, some of the first projects to take advantage of solar incentives in the state. The rooftop projects are all currently in operation, with the exception of a ground-mount project that is underway at a Walmart distribution center in Laurens, SC.
"Walmart is a seasoned expert at onsite solar generation, and they have high expectations for their vendor partners. We are honored to be a part of their renewable energy program, and the important steps they are taking that will benefit the local communities and the environment," said Candice Michalowicz, Co-founder and Managing Member of C2.
ABOUT C2 ENERGY CAPITAL
C2 Energy Capital, LLC (the "Firm") is a rapidly growing investor in renewable energy and storage assets. The Firm provides capital and support services for the development and construction of assets as part of a long-term ownership strategy. Founded in 2014, the Firm manages capital on behalf of leading investors and is a Registered Investment Adviser. With a steadfast commitment to building long-term relationships, C2 Energy Capital's experienced leadership team collaborates with developers, vendors and power purchasers to safely deliver high-quality power plants. To learn more visit www.c2.energy (important disclosure information).
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