NTE Introduces Vitis Platform with 500 MW Renewable Energy Development Portfolio

NTE Vitality has launched Vitis Vitality as a brand new clear vitality platform. Headquartered in Florida, it should develop electrical era services all through North America, engaged on full lifecycle challenge growth from preliminary market and website evaluations and allowing to financing, building and operation.

NTE Vitality, which develops, constructs and operates pure gas-powered electrical producing services, introduced final yr that it had greater than 4 GW of fresh vitality growth pipeline which incorporates photo voltaic, battery vitality storage and different renewable methods.

“That is simply the newest step in our firm’s evolution,” says CEO Stephanie Clarkson. “The brand new platform displays our expanded focus from ‘pure, trusted and environment friendly’ era initiatives to incorporate the renewable vitality pipeline. Collectively, our growth portfolio and management group will assist many extra obtain their clear vitality objectives.”

Vitis has a big, diversified portfolio of renewable vitality initiatives beneath growth throughout the nation. The preliminary 500 MW portfolio will profit from an funding from Sunflower Sustainable Investments, a listed Israeli clear vitality firm.

Kristi Miller, vice chairman of growth, is heading up the corporate’s growth efforts. Her background consists of growth of renewable and traditional producing crops, industrial origination, and administration of main energy initiatives. Beforehand, Miller held management positions at Duke Vitality, the place she managed advanced interconnection initiatives and oversaw the photo voltaic and distributed era queue.

“Vitis has constructed a part of its renewable vitality pipeline on robust relationships created within the East Area,” Miller mentioned. “We’re at the moment targeted on extending our attain to extra areas all through the US.”

Kyle Wilbur, vice chairman of economic and clear vitality, is overseeing clear vitality enterprise growth. He joined the corporate from Atlantic Energy Corp., the place he served as vice chairman of economic growth and was liable for all new energy era asset acquisitions. Wilbur beforehand served as photo voltaic growth director for ENGIE North America and as managing associate of the vitality apply for Brownfields Growth.

Michael Trobaugh, vice chairman of economic, is main the corporate’s origination efforts. His background consists of executing long-term energy buy agreements and implementing inventive vitality options for municipalities, cooperatives and company prospects throughout the U.S. markets. Beforehand, Trobaugh held management positions at The Vitality Authority, the place he was liable for managing vitality portfolio threat for municipalities all through the nation.

“This permits us to align our group with the clear vitality objectives of our prospects throughout the U.S. markets,” Trobaugh concludes.