Vesper Energy in the News

80-Megawatt site among first qualifying energy communities under Inflation Reduction Act

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in ERCOT.

The Inflation Reduction Act (IRA) is landmark legislation that does far more than simply extend tax credit structures.

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, announced today that GCM Grosvenor (NASDAQ: GCMG) has committed to invest up to $100 million in Vesper Energy over the next 12 months and acquire a minority ownership stake in the company.

The University of Pittsburgh and Vesper Energy officially cut the ribbon on the Gaucho Solar project. Built on 68 acres on the border of Findlay Township (Allegheny County) and Independence Township (Beaver County), it is one of the largest solar projects in Western Pennsylvania, with about 55,000 solar panels generating electricity.

We sat down with Susannah Pedigo, Head of Government and Regulatory Affairs at Vesper Energy, to discuss the first few months in her new role and her long-term vision, including the importance of this type of role in renewable energy organizations, key goals and priorities, and the culture at Vesper.

Vesper Energy is pleased to announce that Susannah Pedigo has been named Head of Government and Regulatory Affairs. Previously, Pedigo advanced business development and commercial efforts as a Senior Director of Origination.

We seem to be in a golden age of renewables, accelerating the energy transition. Consumers are expecting businesses to commit to and meet environmental goals. And demand for clean energy solutions is skyrocketing.

Vesper Energy, a leading developer, owner, and operator of utility-scale renewable energy assets, today announced it has upsized its existing letter of credit (LC) facility from $140 million to $200 million.

Construction has started on a 20-MW solar farm near Pittsburgh International Airport that will supply electricity to the University of Pittsburgh for the next two decades.