Today, international infrastructure specialist Amber Infrastructure Group announced the expansion of their US renewable energy activities. Remarkably, the Group will make this effort possible by launching Circle Power Renewables; a new development company focused on solar, wind, and battery projects.
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In fact, Circle Power will operate mainly in Michigan, but it will also look forward to providing services in other regional power markets.
Circle Power Renewables – an expansion of the JV between Amber and Circle Power
Thus, Circle Power Renewables will operate as an expansion of Amber Infrastructure Group’s existing joint venture with the principals of Circle Power; a renewable power Company focused on high-value generation. Indeed, the Company has already secured a long-term Power Purchase Agreement with Upper Peninsula Power Company.
Therefore, the Scotia Wind Project is the first one that the joint venture is developing. It consists of a 60MW wind project in Michigan’s Upper Peninsula. The joint venture also recently secured development rights to the Groveland Mine Solar and 7 Mile Pit Solar projects. Indeed, this move was possible through a solicitation run by Michigan’s Department of Natural Resources.
Similarly, Circle Power Renewables has secured a further pipeline of projects in Michigan. In fact, and according to Amber Infrastructure Group, its expansion company is increasing its own future investment in the State.
Moreover, Circle Power Renewables will explore transmission and storage opportunities to support Michigan’s carbon reduction targets. Besides, the Company will continue seeking opportunities in other US markets.
Reception
In this sense, Jordan Roberts, CEO of Circle Power Renewables, said: We’re “thrilled to grow its relationship with Amber. Indeed, Circle Power Renewables is deeply committed to Michigan’s renewable power future.”
Particularly, “Amber’s global infrastructure expertise provides a tremendous foundation for Circle Power Renewables to continue investing in Michigan’s energy transformation while selectively expanding into new markets,” added Roberts.
On the other hand, Tom O’Shaughnessy, Head of North America, Amber Infrastructure Group, said: “We are delighted to see the relationship we have built with Circle Power culminate in the launch of Circle Power Renewables. Indeed, the depth of experience, local knowledge, and professionalism of the team will ensure that Circle Power Renewables can assist Michigan and other markets in delivering its objectives for decarbonization.”
