Fax: 214-292-9558 Brookfield Renewable also announces today the closing of its acquisition of Standard Solar for consideration of $540 million with the potential to invest an additional $160 million to support the business growth initiatives ($140 million in total net to BEP). Upon reaching commercial operations, Blue Sky is expected to provide an estimated 585,000 MW hours of carbon-free, renewable electricity to the PJM grid each year, enough to power over 67,000 Illinois homes. Dallas, TX 75240. Scout is actively developing a portfolio of over 22,000 MW of onshore wind, solar PV, and battery storage projects across 24 US states. Michael Rucker, CEO and founder of Scout commented, "When Quinbrook first decided to sponsor Scout as a portfolio company, we were a very small team with big dreams. Over that period, Quinbrook deployed a further US$470 million of equity capital from its managed funds and spearheaded the rapid growth of Scout into a fully integrated developer, owner and operator of a diverse and multi-technology asset portfolio spanning 1,200 MW of operational wind projects in four states, including 400 MW managed on behalf of third parties, and plans to deliver over 22 GW of wind, solar and storage projects across 24 states by the end of this decade. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. Scout Plans to Start Installing the 71 GE 2.8-127 turbines in 2023 Sweetland Will Be the First Project Constructed since acquisition by Brookfield Renewable Scout Cold Logistics ("Scout"), an affiliate of AEW Capital Management ("AEW"), announced today the acquisition of 1025 Locust Point Road in Manchester, PA. Scout Energy cannot provide tax advice. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. Please mail all documents and forms to the following address: For more information, please -visit www.scoutcleanenergy.com. Scouts portfolio includes over 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. Scout Cold Logistics ("Scout"), an affiliate of AEW Capital Management ("AEW"), announced today the acquisition of 1025 Locust Point Road in Manchester, The company invests in grocery distribution, food production, and non-food perishable facilities adjacent to major population centers throughout the United States. Your email address will not be published. Email: ownerrelations@scoutep.com Understanding the PV module supply to the U.S. market in 2023 & 2024. Scout is a private energy producer located in north Dallas, focusing on the acquisition, operation, and growth of upstream and midstream energy assets. Mail: Scout Energy Join our mailing listfor the latest breaking ESG investment news! Private Equity Investors Far Ahead on Integrating ESG in M&A Dealmaking: Deloitte, Supply Chain Sustainability Data Provider Everstream Raises $50 Million, JPMorgan Facilitates Nearly $200 Billion Sustainable Finance in 2022, Munich Re Exits Net Zero Insurance Alliance, Siemens Energy Issues Inaugural 1.5 Billion Green Bond, Republican AGs Warn Asset Managers that ESG Investing Risks Fiduciary, Antitrust Violations, Canada Announces Over $80 Billion Clean Tech & Energy Investments to Compete with U.S. Inflation Reduction Act, Texas Anti-ESG Investing Bill Faces Pushback Over $6 Billion Cost to Pensions, UK to Consult on Requirement for Companies to Disclose Climate Transition Plans. If the document is being acquired/transferred by Guardian of a minor child/person, provide a copy of the document appointing the Guardian along with the court order authorizing the sale of the property (certain restrictions apply to minors). Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled. Phone: 972-277-1397 Scout focuses on Payment is made as soon as complete title information is received, but not later than the terms of the lease or state statutes allow. This column includes but is not limited to costs associated with gathering, transporting, dehydrating, and processing oil and gas. jpflieger@sloanepr.com, Scout Media Contact: Scout's operating projects have generated an estimated 8.5 TWh of carbon-free power to date, avoiding an estimated 6 million tCO2e of carbon emissions based on average grid intensities. The Blue Sky facility is scheduled to begin commercial operations in 2024. Fax: 214-292-9558 The approved development plans call for A partnership was established with Scouts founder and CEO Michael Michael Rucker is the Founder and CEO of Scout Clean Energy, a renewable energy owner-operator with 1,200 MW of operating projects and a 19 GW development pipeline of wind, solar and storage projects spanning 24 US states. The Scout and Standard Solar acquisitions follow a string of recent clean energy investments by Brookfield Renewable in North America during 2022, including a $650 million acquisition of Urban Grid, and the exclusive right to invest up to $750 million on a project by project basis with Entropy, and a joint venture with California Resource Corporation, two leading carbon capture and sequestration platforms in Alberta and California, respectively. About Scout Cold Logistics: Scout Cold Logistics is a commercial real estate investment and development firm dedicated to temperature-controlled warehousing infrastructure. +1 (901) 331-0779 Brookfield Renewable is set to invest up to $2 billion in Standard Solar and Scout Clean Energy, bringing its development portfolio to 60 GW. Scout is a portfolio company of Quinbrook Infrastructure Partners. Stay informed. pv magazine offers daily updates of the latest photovoltaics news. www.scoutcleanenergy.com Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Energy Infrastructure Other Industries Other Energy Services Primary Office 5775 Flatiron Parkway Suite 120 Boulder, CO 80301 United States +1 (303) 000-0000 Scout Clean Energy Timeline 2020 2021 WebScout Energy Partners grabs $318.25m. Michael Rucker, CEO and founder of Scout commented, "When Quinbrook first decided to sponsor Scout as a portfolio company, we were a very small team with big dreams. Quinbrook Acquires Scout Clean Energy, Developer of 1,600 Megawatt Portfolio of U.S. Wind Power Projects /PRNewswire/ -- Quinbrook Infrastructure Partners Total funding of the company - $288.5M. Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. Please understand that we will only answer inquiries from the individual(s) whose name(s) appear on the account or the owners legally recognized agent. Scout reports that it expects to invest over $400 million to bring the Blue Sky project through construction and into operations and will support over twenty new jobs in the ongoing operations phase. geared providing Attention: Owner Relations Scout will close out 2021 with over 12,000 MWdc in our development pipeline and more than 1,200 MWdc of renewable projects in operation across the United States.. Investors can access its portfolio either throughBrookfield Renewable Partners L.P.(NYSE: BEP; TSX: BEP.UN), orBrookfield Renewable Corporation(NYSE, TSX: BEPC), a Canadian corporation. 13800 Montfort Dr. #100 Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. Standard Solar is a market-leading owner and operator of commercial and community distributed solar, with end-to-end development capabilities and a strong track record of delivering high-quality assets. If you have more than one owner number, you will receive a Form 1099 for each owner number account. WebScout Energy Management LLC is a national financial advisory firm headquartered in Dallas, TX. Several factors contribute to the variance of your check total. are verified based on the experimental data. WebIts headquarters is located at Dallas, Texas, USA. Our development pipeline in the United States is now close to 60,000 MW and is well diversified across wind, utility-scale solar, distributed generation and energy storage. Dallas TX 75244. When contacting us at the email address above, please include your Owner Number/Business Associate Number/Payee Number your phone number, and the nature of your inquiry so we can best serve you. If the property has been divided by the divorce decree, the full decree is required and must be accompanied by a recorded conveyance document covering the property involved. Google Signs 15-Year Renewable Energy Purchase Agreement in U.S. The primary objective of Connor Teskey, CEO of Brookfield Renewable, said: We are thrilled to be putting more dollars to work in our U.S. renewables business. AEW and its affiliates have offices in Boston, Los Angeles, Denver, London, Paris, Dsseldorf, Hong Kong, Seoul, Singapore, Sydney and Tokyo, as well as additional offices in seven European cities. When Backup Withholding or State Income Tax Withholding is made, the amount will be reported on the Form 1099 for the year and the payee may claim credit for it when the appropriate income tax return is filed. The firm raised $200 million for its debut fund, $300 million for Scout II and $360 million for Scout III. Legal Notice Terms and Conditions Privacy Policy pv magazine 2023, Welcome to pv magazine USA. Fax: 214-292-9558 Headquartered in Boulder, Colorado, Scout today employs over 112 professionals across development, construction and operations and occupies a credible ranking amongst the leading independent renewables businesses in the US market. Combined with our existing fleet we are well positioned for continued growth as owners and operators of one of the largest diversified clean power businesses in the country.. Of these projects, 8.6 GW have interconnection queue positions and 2,500 MW are in late-stage development with pending construction starts. For more information, please -visit www.scoutcleanenergy.com. Stay informed. Brookfield Renewable has agreed to acquire Standard Solar and Scout Clean Energy, helping both renewable energy leaders to move into the next phase of their development. This acquisition and re-development represents the latest in a series of transactions completed by Scout, all of which are focused on food distribution and production assets throughout the U.S. To-date, Scout has invested in 24 food-centric properties totaling 10.6 million square feet representing approximately $1.9B of total capital commitments. scout reams acquisition Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.US$8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.US$28.7 billion or 19.5 GW of power supply capacity. About AEW Capital Management: For over 40 years, AEW Capital Management, L.P. has provided real estate investment management services to investors worldwide. Mail: Scout Energy Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time The plans call for the installation of a 369 MWdc solar facility to be located on 2,700 acres of land near Morris, Illinois in Grundy County, IL. Michael Rucker, CEO and founder of Scout Clean Energy, said: Scout is pleased to be sponsored going forward by an industry-leading partner to help Scout continue to grow our rapidly expanding pipeline of wind, solar and battery storage projects across the United States. Scouts portfolio includes over 1,200 MW of operating wind assets, US renewable energy major Brookfield Renewable has agreed to spend up to US$2 billion in order to acquire both Scout Clean Energy (Scout) and Standard Solar, scout energy partners logo gas investment careers analysis The company also has a development pipeline of almost 2 GW and a presence in high value solar markets in the United States, such as New York, Maryland, Minnesota and Maine. Mail: Scout Energy Quinbrook acquired Scout as a start-up in 2017 for an initial investment of just US$6 million. Standard Solar has approximately 500 MW of operating and under construction contracted assets and a robust development pipeline of almost 2,000 MW and a strong team to execute on significant growth opportunities across several high value solar markets in the U.S., such as New York, Maryland, Minnesota and Maine. Mail these documents to: Jennifer Pflieger Scouts business is both the. . Brookfield Renewable has agreed to acquire Scout Clean Energy (Scout) for $1 billion with the potential to invest an additional $350 million to support VC / Private Equity Companies may grow organically or through acquisition. Click here for an Address Change Form. Select one or more editions for targeted, up to date information delivered straight to your inbox. Brookfield Renewable acquires Standard Solar, Scout Clean Energy pv magazine International - NewsLive81. Brookfield Renewable has agreed to acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business development activities ($270 million in total net to BEP). The effective date must be listed if different from the document date; all dates must be legible. These documents must be recorded in the county and state where the interest resides and mailed to: Payments may differ for several reasons: One owner could have Federal Backup Withholding taken from their check, or Non-Resident Tax Laws may create a difference. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.". Provide an assignment or deed document of conveyance that has been recorded in the county and state where the interests reside. A family member could also have additional interests in other properties. pv magazine offers daily updates of the latest photovoltaics news. 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