Greenwood Sustainable Infrastructure

For July’s project profile, we are highlighting our Interlake Solar facility, a 2,900 kW DC ground mounted solar facility located in Geneva, NY. The solar energy produced from this facility is utilized by Ithaca College under a 25-year virtual net metering agreement. Operating since November 2016, the Interlake project generates about 3.4 million kWh annually, fulfilling approximately 10 percent of Ithaca College's electricity demand. Interlake Solar is a key project in GSI’s solar portfolio, serving an integral role in our work towards creating a more sustainable environment for future generations.

In January 2024, Greenwood Sustainable Infrastructure (GSI), in partnership with Ocean Man First Nation, announced the award of a Power Purchase Agreement (PPA) with SaskPower to construct and operate the 100-megawatt MWac utility-scale solar facility in Saskatchewan, Canada. Once constructed, the project, Iyuhána Solar, will be one of Canada's top 10 fully contracted solar facilities by size. GSI, through our ongoing dedication to sustainability and our goal of building strong communities around our projects, has made numerous commitments that benefit the local community, including investments in education, research and innovation, employment, and support for the Ocean Man First Nation band.  Iyuhána Solar has allocated $40,000 in funding to support the Southeast College Saskatchewan Centre of Sustainable Innovation, to be located a short 20 kilometers from the Project site. The Centre will work to advance the development and diversification of Saskatchewan’s Southeast region’s economy and create the skilled workforce needed to support the renewables industry in Saskatchewan. Additionally, Iyuhána Solar has established a $10,000 scholarship for students at Southeast College which will be awarded annually, beginning June 2024, and continuing over the operating lifetime of the Project. GSI, through Iyuhána Solar, is proud to work closely and support these important endeavours at Southeast College and the Centre for Sustainable Innovation. This groundbreaking project combined with community-minded efforts such as those directed towards Southeast College, are at the core of GSI’s ethos and aligned with our vision to create a sustainable environment for future generations. For more information about Iyuhána Solar, visit: iyuhanasolar.com To find out more about Southeast College, visit: https://lnkd.in/g8dZDE2y

GSI is happy to welcome Ahmar Zaman as our new Chief Financial Officer. Ahmar brings over 25 years of experience in financial management, having served as a CFO and Managing Director for the past decade in both Wall Street and Corporate environments. In addition to his extensive financial acumen, Ahmar has significant experience in the renewable energy industry, having spent a substantial portion of his career in the clean-tech sector, including experience in development, operations and maintenance, asset management, energy storage, advanced lighting, fuel cells, and wind. Ahmar will provide direct leadership to GSI’s Strategic Capital and Accounting teams while providing overall strategic direction and guidance to the organization through his role on the Executive Team. GSI is excited to have someone with Ahmar’s experience, acuity and dedication join our team and we look forward to his contributions and leadership as we continue to build towards new opportunities for growth in the renewable energy industry. Welcome, Ahmar!

🌱 Pleased to share that Greenwood Energy (GWE) has taken an important next step in the development of the TERRɅ INITIɅTIVE, a novel utility-scale solar project in partnership with the Arhuaco People, with the official signing of a Framework Agreement that took place in Nabusimake, Colombia. A signing of the specific annex for the first phase of the project, TERRɅ Site I, was also completed and this phase will be carried out on a 236-hectare property in El Copey, Cesar and involves the construction of 52 MWp solar plants and an indigenous village. Later phases will see the completion of over 100 MW and 2 additional villages. Once completed, this groundbreaking #partnership will mark a new era of #SustainableDevelopment, providing: • Clean energy to the region • Support for the construction of 160 MWp solar plants and 3 new indigenous villages • Job creation and economic reinforcement for the Arhuaco community • Reforestation of the Sierra Nevada de Santa Marta, one of the world's most valuable natural reserves 🤝 GWE, one of our #RenewableEnergy subsidiaries based in #LatinAmerica, recently hosted an Indigenous officialization summit in the ancestral capital of the Arhuacos that brought together over 250 community leaders, corporate partners, and public entities. Through traditional ceremonies, guided tours, and cultural exchanges, participants gained valuable insights into the rich heritage of the Arhuaco People. 🍃 Libra Group's renewable energy subsidiaries are committed to building a more sustainable future. Congrats to the GWE team! We're excited to continue to follow this exciting and novel project as it develops. 🎦 Watch a special film from the summit here: https://bit.ly/3Wfauz0

Recently, our Elizabeth Mine Solar project, located in Strafford, Vermont was featured in an article by The Nature Conservancy, focusing on it’s unique story and origins. The article emphasizes the positive impact this project has had on the community of Stafford, including the fact that Elizabeth Mine Solar generates enough electricity to power every home in town. It also speaks to the positive changes that come about when different levels of government work together and embrace new ideas and concepts. At GSI, we are passionate about creating a sustainable world, and projects like Elizabeth Mine help to inspire us to continue advancing clean energy solutions. To read this story, visit the Nature Conservancy’s Website by clicking the following link: https://bit.ly/45V863H

Are you passionate about working towards sustainable change for future generations by advancing the use of clean energy? GSI is looking to hire a Project Development Associate to join our team. In this role, you'll have the opportunity to help develop renewable energy projects throughout North America by working through the development, permitting, and contracting processes. To apply on ZipRecruiter, visit the following link: https://bit.ly/45ZG07t You can also send your application to hr@greenwoodinfra.com

☀️ As our Group’s renewable energy footprint continues to grow, we are pleased to highlight 2 of the 71 built U.S. #solar projects of Greenwood Sustainable Infrastructure (GSI), one of our #RenewableEnergy subsidiaries based in North America! Developed by GSI and operating since 2017, these solar projects in Orlando, Florida produce nearly 13 MW DC as part of a long-term power purchase agreement with the Orlando Utilities Commission (OUC - The Reliable One) Stanton Power Station. ➡️ These projects integrate with OUC’s current energy grid, maximizing land use while generating additional clean energy, and are just a snapshot of GSI’s broad portfolio in the U.S. and Canada, including 388 MW of built operating assets and a future pipeline of over 2 GW under development. 🌱 We are proud of projects such as this, which help offset carbon emissions and promote #CleanEnergy solutions for a better future. We look forward to continuing to follow as GSI advances clean energy initiatives in North America!

Members from GSI’s team attended the 2024 NYC Solar + Storage Summit, hosted by Sustainable CUNY Smart DG Hub and New York Solar Energy Industries Association (NYSEIA). They had the opportunity to meet hundreds of clean energy professionals from both the public and private sectors, allowing them to delve into the opportunities and solutions related to NYC’s rapid decarbonization. As GSI continues to make strides in the renewable energy sector, we remain committed to developing and enhancing our knowledge of emerging trends in the solar and storage sector through important industry events such as this. These opportunities contribute to continuing our momentum towards a more sustainable world through the advancement of clean energy. Pictured L-R: Adam Rowles, Chrysanthi Vervenioti Kritikou, Afroditi Fragkiadaki

For this month’s Employee Highlight, we sat down with Jan La Fave, Senior Accountant and Human Resources for L’Anse Warden Electric Company (LWEC) under GSI. We discussed her role, what she wants to cross off her bucket list, and much more.   To read the full interview, visit our website: https://bit.ly/3xcPEXo.

For June’s project profile, we are highlighting our Stanton portfolio, featuring two solar projects located on the property of the Orlando Utilities Commission (OUC - The Reliable One) Stanton Power Station in Orlando, Florida. Stanton Landfill Solar is a 6.82 MW DC project that operates on a capped ash landfill using ballasted foundations. Stanton A is a 5.75 MW DC project installed on a parcel of land adjacent to the Station’s other power sources. Both projects operate under a long-term power purchase agreement with OUC, reaching commercial operation in September 2017. Together, the Stanton projects contribute a combined 12.57 MW DC to our renewable energy portfolio, which plays an important role in offsetting carbon emissions from other power sources while bolstering and promoting cleaner energy generation solutions. By integrating these solar installations within the existing infrastructure of the Stanton Power Station, we are not only maximizing land use but also reinforcing our commitment to innovative, clean energy production. This aligns with GSI’s core ethos of building and contributing to a more sustainable future through the advancement of renewable energy.