Initiative Equity Partners, a value and impact driven investment
company based in New York, is pleased to announce the acquisition
of 16% equity in ArtIn Energy, a technology leader of renewable
energy in the fields of photovoltaics, energy storage, electrical
mobility, and green hydrogen. This strategic effort registers a
meaningful milestone in the company's commitment to fostering
sustainable development and progressing the global transition to
clean energy and a carbon-free world. With recently awarded
contracts of $2.7 Billion in value, ArtIn Energy is positioned to
continue propelling growth and innovation in the energy sector.
Commenting on the acquisition, Jhon Cohen, Chief Executive Officer
at ArtIn Energy, stated: "We are deeply honoured and excited to
welcome Initiative Equity Partners into the ArtIn Energy family.
Our partnership aligns seamlessly with our mission to invest in
sustainable projects and initiatives that not only generate strong
financial returns but also create a meaningful positive impact for
our environment.”
ArtIn Energy 10 MWp Solar Energy
Farm:
Image
source: https://www.dropbox.com/scl/fi/oboarsawky73wingngne4/ArtIn-Energy-GeoPark-10-MW.jpeg?rlkey=fid118a2fdlp2r92vc7y78co7&e=1&dl=0
With this acquisition, Initiative Equity
Partners emphasizes its commitment to investing in innovative
solutions that address the need for cleaner and sustainable energy.
By integrating ArtIn Energy into its portfolio, the firm aims to
accelerate the deployment of renewable energy technologies and
expand access to clean energy solutions worldwide targeting
corporate clients in the Industrial and Commercial segment.
ArtIn Energy has established itself as a leader
in the renewable energy industry, renowned for its innovative
technologies and commitment to environmental sustainability.
Through its comprehensive portfolio of solar
energy and green hydrogen, the company has been instrumental in
driving the adoption of renewable energy deploying 56 operational
solar energy plants for Industrial and Commercial clients across
several industries including Oil & Gas, Education, Organic
Food, EV Transportation, among others. The ArtIn Energy optimized
solar panel placement applies Artificial Intelligence algorithms
analysing geographic and environmental data to determine the most
efficient placement of solar panels. By considering factors like
sunlight intensity, shading, and weather patterns, Artificial
Intelligence optimizes the positioning of panels to maximize energy
generation to continuously adjust parameters such as tilt angle and
orientation of solar panels based on weather conditions and sun
positioning, maximizing energy yield throughout the day and across
seasons.
ArtIn Energy will continue to operate under its
existing brand and management team, ensuring continuity and
stability for its employees, partners, and stakeholders. The
acquisition will provide ArtIn Energy with enhanced access to
capital, resources, and strategic expertise, empowering the company
to pursue ambitious growth initiatives and expand its reach in key
global markets.
Initiative Equity Partners’ mission is to
deliver value to companies who will bring to market solutions and
products that society can benefit from. Initiative seeks to deliver
this value by identifying and investing in the leaders, enablers
and beneficiaries of companies who share similar attributes to
those Cristhian Andrews (Chairman) and Oscar Felipe (Vice-Chairman)
share.
As the world faces escalating environmental
challenges, Initiative Equity Partners remains steadfast in its
commitment to driving positive change through strategic investments
in sustainable businesses.
The acquisition of ArtIn Energy represents a
significant step forward in completing this vision and accentuates
the firm's unwavering dedication to building a more resilient and
sustainable future. Driven by a mission to revolutionize the way
the world harnesses solar power, energy storage and green hydrogen,
ArtIn Energy has established itself as a pioneer in the solar
energy industry. With a focus on technological innovation,
reliability, and environmental sustainability, the company has
developed a diverse portfolio of cutting-edge solar products and
services tailored to meet the evolving needs of consumers,
businesses, and industrial clients.
"Investing in ArtIn Energy aligns seamlessly
with Initiative Equity Partners' value-driven initiative to
facilitate widespread access to clean energy sources and
transformative solutions. ArtIn Energy stands as a beacon in the
energy sector, leveraging cutting-edge technology to propel
businesses toward sustainability. By supporting ArtIn Energy, we
contribute to a global shift toward cleaner, more efficient energy
practices. This investment not only fosters environmental
responsibility but also embraces a vision where clean energy
solutions play a pivotal role in shaping a better future. Together,
we are pioneering a path toward a greener, more sustainable
tomorrow," said Cristhian Andrews, Chairman & Chief Executive
Officer of Initiative Equity Partners.
Large scale investments in sustainable energy
continue to increase and the appetite of institutional investors is
increasingly focused on solar energy ventures as a key solution to
address environmental challenges while driving economic growth.
Investing in solar energy offers a multitude of benefits, ranging
from environmental sustainability to financial returns and tax
incentives. According to The Solar Energy Industries Association
(SEIA), The U.S Solar Industry is a 50 - State Market, while
California has traditionally dominated the U.S. solar market, other
markets are continuing to expand rapidly. States like Texas,
Florida, and New York all saw major growth in 2022. In addition,
half of U.S. states have now installed 1 GW or more of solar,
compared to only three a decade ago. As demand for solar continues
to grow, new state entrants will grab an increasing share of the
national market.
Cumulative U.S. Solar Installations by
State:
Image File Source:
www.seia.org/solar-industry-research-data Source: SEIA/Wood
Mackenzie Power & Renewables U.S. Solar Market Insight Q4
2023.
Leveraging their corporate experience and assets
in Photovoltaics, ArtIn Energy deploys cutting edge Green Hydrogen
technology for C&I clients, reducing their current expenditure
in natural gas for industrial production. According to Deloitte,
the green hydrogen market is set to help reshape the global energy
map by the end of the decade, creating a $1.4 trillion market by
2050 and supporting up to 2 million jobs globally per year between
2030 and 2050.
Investments in Green Hydrogen by
Region:
Image
file: hydrogen-report-press-figure-img-new (1440×684)
(deloitte.com)
For media inquiries, please contact:
Initiative Equity Partners 230
Park Ave, 4th FLNew York, NY 10169
https://www.initiativeequitypartners.com/
ArtIn Energy +1 (727) 324-9295
media@artinenergy.com https://artinenergy.com/
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