PAPAGO

Canadian Solar's e-STORAGE to Deliver 1 GWh DC of Battery Storage Solutions to DEPCOM Power and Tucson Electric Power in Arizona

Retrieved on: 
Thursday, October 26, 2023
TEP, Solar energy, United Kingdom, Kilowatt-hour, AC, Tucson Electric Power, LFP, Sabadell, Renewable energy, Electric battery

(the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been awarded a supply and integration contract for 1 GWh DC of energy storage solutions for DEPCOM Power, Inc. and Tucson Electric Power (TEP) in Arizona.

Key Points: 
  • (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has been awarded a supply and integration contract for 1 GWh DC of energy storage solutions for DEPCOM Power, Inc. and Tucson Electric Power (TEP) in Arizona.
  • e-STORAGE will deliver its proprietary energy storage solution SolBank to the Roadrunner Reserve System project that will be constructed by DEPCOM Power.
  • The project has a rated capacity of 200 MW and a total storage capacity of 800 MWh AC.
  • "Battery energy storage systems that offer safe and reliable operation are key to Tucson Electric Power's expansion of clean energy resources.

KKR Further Expands Industrial Real Estate Portfolio in Phoenix

Retrieved on: 
Friday, November 12, 2021
Other Professional Services, Commercial Building & Real Estate, Construction & Property, Insurance, Finance, Banking, Professional Services, Other Construction & Property, MSA, Retirement, Insurance, Growth, Investment, Twitter, Acquisition, MSAS, KKR, NYSE, Life, Commercial property, Financial services

The transaction grows KKRs industrial real estate footprint in the Phoenix metropolitan statistical area (MSA) to nearly two and a half million square feet.

Key Points: 
  • The transaction grows KKRs industrial real estate footprint in the Phoenix metropolitan statistical area (MSA) to nearly two and a half million square feet.
  • We are excited to grow our portfolio in Phoenix with the purchase of these two strategically located infill buildings, said Ben Brudney, a Director in the real estate group at KKR who oversees the firms industrial investments in the United States.
  • KKR is making the investment through the KKR Real Estate Partners Americas III fund.
  • Since launching a dedicated real estate platform in 2011, KKR has grown real estate assets under management to approximately $36 billion across the U.S., Europe and Asia as of September 30, 2021.

KKR Acquires Papago Distribution Center in Phoenix

Retrieved on: 
Thursday, October 7, 2021
Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, Twitter, Life, KKR, Growth, I-17, Retirement, Investment, NYSE, Insurance, Real estate, Financial services

KKR, a leading global investment firm, today announced that KKR has acquired an approximately 226,000 square-foot, Class A industrial distribution property in the Papago industrial park, located in the highly infill Southwest Valley submarket of Phoenix, Arizona.

Key Points: 
  • KKR, a leading global investment firm, today announced that KKR has acquired an approximately 226,000 square-foot, Class A industrial distribution property in the Papago industrial park, located in the highly infill Southwest Valley submarket of Phoenix, Arizona.
  • Situated just off I-10, the distribution facility provides direct access to downtown Phoenix in approximately 10 minutes and attractive coverage of the entire Phoenix metropolitan statistical area with its close proximity to Highway 202 and I-17.
  • The purchase grows KKRs industrial real estate portfolio in Phoenix to approximately two million square feet and was made through the KKR Real Estate Partners Americas III fund.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co.