GS Power Partners Receives $22M Financing from Amalgamated Bank
Summary
GS Power Partners, a Stamford, CT-based independent power producer in the distributed generation (DG) solar sector, received $22M in financing from Amalgamated Bank (Nasdaq: AMAL). Led by CEO Jason Kuflik, GS Power Partners is an independent power producer (IPP) that acquires, develops, finances and owns distributed generation (DG) commercial and industrial (C+I) and community solar projects. Since its founding in 2015, the company has focused on project development in the DG solar sector. It maintains a portfolio of 300+ megawatts of solar assets, mainly concentrated in the Northeast and Midwest. The financing package encompassed five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc).
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