SAN FRANCISCO and VALHALLA, N.Y. – 9.17.15: ConEdison Development (CED), a New York State-based developer and operator of large-scale renewable energy projects, has acquired a 50 percent interest in the 240 MW AC (335 MW DC) Panoche Valley Solar Farm in San Benito County, California from Renewable Energy Trust Capital Inc. (RET Capital).

CED will provide construction management, operations and maintenance, and asset management for the project. RET Capital, one of the country’s leading finance and asset management platforms for the renewable energy industry, had been an early investor and sole owner of the project, and the companies now hold equal shares of ownership.

“Working in partnership with RET Capital, ConEdison Development is pleased to expand our renewable portfolio in California,” said Mark Noyes, Senior Vice President and Chief Operating Officer of ConEdison Development.

“America is steadily increasing its reliance on solar and wind energy, and our company is proud to be playing an increasingly significant role in boosting our country’s clean energy capabilities,” said Mr. Noyes.

“Economic, security, pollution and climate concerns all converge around our use of energy and as a result there is a growing demand for renewable energy across the nation,” said John Bohn, Chief Executive Officer and Chairman of RET Capital. “RET Capital is committed to accelerating the expansion of this critical sector in order to meet the demand, and we are proud to be working in partnership with ConEdison Development to advance this large-scale solar initiative.”

With approximately 1.1 million panels planned for the Panoche Valley installation, construction is scheduled to commence by the end of the year.

The project site is situated approximately 140 miles southeast of San Francisco.

About ConEdison Development

ConEdison Development (CED) develops, owns and operates renewable and energy infrastructure projects. The company is one of the largest owners and operators of solar projects in North America.

CED is focusing on renewable energy and gas assets as part of an overall corporate goal of responsible environmental stewardship.  Through its deep resources and trusted relationships with a range of energy-related companies, CED has successfully developed, and owns and operates facilities generating more than 650 MW of renewable power across California, Arizona, Nevada, Texas, Nebraska, New Jersey, Massachusetts, Pennsylvania, South Dakota and Rhode Island.

ConEdison Development is an unregulated subsidiary of Consolidated Edison, Inc. [NYSE: ED], the nation’s oldest and one of the largest investor-owned energy companies, with approximately $13 billion in annual revenues and $45 billion in assets.  More information can be obtained by calling 914-993-2185.  You can also visit the Consolidated Edison, Inc. website at www.conedison.com.

Renewable Energy Trust Capital, Inc. (“RET Capital”) owns and operates the Camilla, Camp and Upson solar projects in the state of Georgia (collectively, the “Georgia Projects”).  Please be advised that with respect to the Georgia Projects, RET Capital sells the energy to Georgia Power and the environmental attributes to a third party.  Accordingly, Georgia Power does not have any right or claim to the environmental attributes from the Georgia Projects.

If you have questions, do not hesitate to contact Jon Norling at RET Capital at 415-970-5300.

SAN FRANCISCO—7.14.15—Renewable Energy Trust Capital, Inc. (RET Capital) announced it has closed the financing to support its recently acquired 102 MW operating Coram Wind Project from BAIF U.S. Renewable Power Holdings LLC. The project, located in Kern County, California, benefits from long-term contracted revenues through a power purchase agreement with Pacific Gas & Electric Company (NYSE: PCG) to provide clean, reliable and affordable electricity to the utility and its customers.

RET Capital secured $239 million in a hybrid debt financing consisting of a $134.7 million term loan and letter of credit facility and $103.9 million of investment grade rated fixed rate notes. MUFG was the coordinating lead arranger and bookrunner for the credit facilities, which were syndicated to Associated Bank, DZ Bank, and Zions Bank. Mitsubishi UFJ Securities (USA), Inc. was the sole placement agent and bookrunner for the fixed notes, which were placed with AIG Asset Management and Teachers Insurance and Annuity Association of America. The financing closed concurrently with the Coram asset acquisition in July 2015.

“RET Capital is pleased to extend our financing footprint into the wind sector. Not only did we have a successful financial close with reputable financing partners, we also bolstered relationships with MUFG and the entire lending group. We look forward to many future successes in wind power,” said John A. Bohn, Chief Executive Officer and Chairman of RET Capital.

“MUFG is dedicated to offering our clients the full range of services they need to expand their business and we are delighted to have supported RET Capital on this acquisition,” said Jonathan Lindenberg, Managing Director and Head of Structured Finance for the Americas at MUFG.

RET Capital, which has offices in New York and San Francisco, is a leading growth and asset management platform for the renewable energy industry. It is collaborating with developers and other industry stakeholders to lower their cost of capital, increase standardization, and facilitate accelerated growth.

RET Capital’s lead investor is BlueMountain Capital Management, an investment firm with approximately $21 billion of assets under management and offices in New York and London.

SAN FRANCISCO—7.8.15—Renewable Energy Trust Capital Inc. (RET Capital) announced today the acquisition of Coram Wind Project, an operating 102 megawatt (MW) power plant, from BAIF U.S. Renewable Power Holdings LLC. The plant is located in Kern County, California, and benefits from long-term contracted revenues through a power purchase agreement with Pacific Gas & Electric Company (NYSE: PCG) to provide clean, reliable and affordable power to the utility.

“RET Capital is pleased to own this large, high-quality asset to anchor its wind portfolio and strategy, and looks forward to growing its business through additional acquisitions of similar wind projects in North America and new markets,” said John A. Bohn, chief executive officer and chairman of RET Capital. With this new acquisition, RET Capital’s total renewable energy portfolio tops 200 MW DC.

RET Capital, which has offices in San Francisco and New York, is building a leading growth and asset management platform for the renewable energy industry. The company collaborates with developers and other industry stakeholders to lower the cost of capital, increase standardization, and facilitate accelerated growth.

RET Capital’s lead investor is BlueMountain Capital Management, an investment firm with approximately $21 billion of assets under management and offices in New York and London.

Just last month, RET Capital announced the close of CAD $66MM of non-recourse debt to support the acquisition of the CityLights solar facility from Canadian Solar Inc. (NASDAQ: CSIQ) in Ontario, Canada.

About RET Capital

RET Capital offers innovative and flexible low-cost financing for wind and solar projects, a unique partnership model, and a deep bench of experienced professionals with unparalleled expertise in surmounting regulatory and financial obstacles. For developers of renewable energy projects, RET Capital reduces risk and helps ensure success. And by acquiring a diversified portfolio of high-quality wind and solar generation facilities with long-term contracts for energy delivery, RET Capital creates a predictable and profitable revenue stream. For additional information, please visit www.renewabletrust.com.

About BlueMountain Capital

BlueMountain Capital Management is a diversified alternative asset manager founded in 2003. With a heritage in the credit markets, BlueMountain’s multi-strategy platform includes investments in credit, distressed equity, structured finance and real estate as well as arbitrage and technical strategies.

SAN FRANCISCO—June 11, 2015—Renewable Energy Trust Capital Inc. (RET Capital) announced today the close of CAD $66MM of non-recourse debt to support the acquisition of the CityLights solar facility from Canadian Solar Inc. (NASDAQ: CSIQ) in Ontario, Canada.

RET Capital previously announced the close of a non-recourse term loan, fixed rate notes and letter of credit facility with NORD/LB Norddeutsche Landesbank Girozentrale in Hannover and Babson Capital Management in connection with the acquisition of the 12.6 megawatts (MW) DC DiscoveryLight and 14.2 MW DC FotoLight facilities. The company, an independent finance platform focused on providing low-cost capital and innovative problem solving, increased its original financing package by CAD $66MM to cover the cost of acquiring CityLights in April 2015, a 14.1 MW DC project.

“Established financial partners NORD/LB, Babson Capital and others have empowered RET Capital to grow our solar portfolio to more than 100 megawatts in North America in one year. We look forward to future partnership opportunities as well as continued expansion in North America and new markets in the coming months,” said John A. Bohn, Chief Executive Officer and Chairman of RET Capital.

Power from RET Capital’s three plants in Ontario is being sold to the Independent Electricity System Operator (IESO)—the largest power provider in Ontario—under a 20-year feed-in tariff contract.

RET Capital’s lead investor is BlueMountain Capital Management, LLC, an investment firm focused on the global credit markets and equity derivatives markets.

About RET Capital

RET Capital offers innovative and flexible low-cost financing for wind and solar projects, a unique partnership model, and a deep bench of experienced professionals with unparalleled expertise in surmounting regulatory and financial obstacles. For developers of renewable energy projects, RET Capital reduces risk and helps ensure success. And by acquiring a diversified portfolio of high-quality wind and solar generation facilities with long-term contracts for energy delivery, RET Capital creates a predictable and profitable revenue stream. For additional information, please visit www.renewabletrust.com.

SAN FRANCISCO — Renewable Energy Trust Capital, Inc. (RET Capital) has named Michael Young as Vice President, Legal and Administration. Young will add significantly to RET’s transaction efforts in the areas of asset acquisition and finance, as well as provide additional general oversight in legal and administrative areas.

“Michael brings years of first-rate experience in navigating the legal framework of energy project development,” said John A. Bohn, Chief Executive Officer and Chairman of RET Capital, an independent renewable finance platform focused on lowering the cost of capital for renewable energy developers and other industry stakeholders. “His expertise in conventional and renewable energy projects is highly regarded.”

Young joins RET Capital from GCL Solar Energy Inc., where he served as General Counsel and was responsible for all legal matters related to the development, financing and operation of utility scale PV solar projects in the United States, Japan, Puerto Rico and India. Prior to GCL, Young served as Vice President, General Counsel, at Hay Solar Holdings ULC, a start-up renewable energy development company, where he was involved in the development of a distributed generation portfolio in Ontario, Canada.

Young’s experience also includes serving as Senior Attorney and Business Developer at Montgomery Energy Partners LP, Vice President and Senior Corporate Counsel at NorthWestern Energy, and Assistant General Counsel at NRG Energy Inc.

SAN FRANCISCO—Renewable Energy Trust Capital, Inc. (RET Capital) has named Nikolas Novograd its new Vice President of Origination and Secretary of the company’s Investment Committee. In his new role, Novograd is responsible for origination, development and management of strategic and asset partner relationships as well as the facilitation of all aspects of closing transactions. Over the course of his career, Novograd has closed dozens of transactions representing billions in capital.

“Nik’s extensive experience and background enhances our management team, positioning RET Capital to strengthen existing and create new strategic partnerships as well as accelerate the expansion of our renewable energy portfolio,” said John A. Bohn, Chief Executive Officer and Chairman of RET Capital, an independent renewable finance platform focused on lowering the cost of capital for renewable energy developers and other industry stakeholders.

Prior to RET Capital, Novograd was a Director in Wells Fargo’s Renewable Energy and Environmental Finance Group (NYSE: WFC) where he originated, structured and managed more than $300 million of tax equity investments in wind and solar power projects for the bank’s own account. Prior to Wells Fargo, he was Vice President of Project Finance at First Solar, Inc. (NASDAQ: FSLR), where he and his team sold 520 megawatts (MW) of solar projects and won commitments for $1.5 billion in project debt. He joined First Solar when it acquired NextLight Renewable Power, a utility-scale solar developer. Novograd served as NextLight’s Vice President and Head of Finance. Before NextLight, he was Senior Vice President at GE Capital (NYSE: GE), where he originated debt and tax equity investments in energy projects owned by private equity and hedge funds. Prior to that, he held positions in the project finance groups of ABN AMRO Bank and Sanwa Bank (a predecessor of Mitsubishi UFJ Financial Group (MUFG). Novograd received an MBA in Finance from the University of Chicago’s Booth School of Business and a BA in Economics from the University of Connecticut.

SAN FRANCISCO—Renewable Energy Trust Capital, Inc. (RET Capital) has acquired the 14.1-megawatt DC (MW DC) CityLights solar power plant in Chesterville, Ontario, from Canadian Solar, Inc. (NASDAQ: CSIQ). With the close of this deal, RET Capital now owns three solar plants built by Canadian Solar across the province, totaling more than 40 MW DC of generating capacity.

Power from RET Capital’s CityLights plant and its sister solar plants, DiscoveryLight and FotoLight, is being sold to the Independent Electricity System Operator (IESO)—the largest power provider in Ontario—under a 20-year feed-in tariff contract.

“RET Capital is excited to add this high-quality plant and its long-term energy delivery contracts to our growing portfolio of solar assets in the United States and Canada,” said John A. Bohn, Chief Executive Officer and Chairman of RET Capital.

Canadian Solar provided turnkey engineering, procurement, and construction services, and will continue to operate and maintain the plant.

“Canadian Solar has had a long friendship with RET Capital in the renewable energy industry, and the sale of this third plant underscores our successful collaboration with them,” said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. “We believe in our corporate mission and look forward to contributing to the solar landscape in North America.”

“We look forward to continuing to work with Canadian Solar, both with these plants and as we expand our North American solar network,” Bohn said.

RET Capital, based in San Francisco, currently owns utility-scale solar energy plants in Ontario, California, and Georgia.

About RET Capital

RET Capital offers innovative and flexible low-cost financing for wind and solar projects, a unique partnership model, and a deep bench of experienced professionals with unparalleled expertise in surmounting regulatory and financial obstacles. For developers of renewable energy projects, RET Capital reduces risk and helps ensure success. And by acquiring a diversified portfolio of high-quality wind and solar generation facilities with long-term contracts for energy delivery, RET Capital creates a predictable and profitable revenue stream. For additional information, please visit www.renewabletrust.com.

About Canadian Solar Inc.

Founded in 2001, Canadian Solar is one of the world’s largest solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully deployed over 9 GW of premium quality modules in over 70 countries around the world. Canadian Solar has been listed on NASDAQ since 2006. For additional information about the company, products, and projects, please visit www.canadiansolar.com.

SAN FRANCISCO—Renewable Energy Trust Capital, Inc. (RET Capital) has named Alton Lo as Managing Director, Corporate Finance, and Roger Johanson as Managing Director, Project Finance.

“Roger and Alton have decades of first-class experience bringing billions of dollars to the table in the cleantech sector,” said John A. Bohn, Chief Executive Officer and Chairman of RET Capital, an independent renewable finance platform focused on lowering the cost of capital for renewable energy developers and other industry stakeholders. “These gentlemen are simply outstanding at harnessing markets to raise low-cost capital for high-quality renewable energy projects.”

Lo comes to RET Capital after over a decade at J.P. Morgan, where he held a number of roles in corporate and investment banking, capital markets and corporate finance advisory, covering companies across the cleantech, technology, healthcare and consumer sectors. He has helped clients to raise nearly $20 billion of capital across the bank, bond, convertible and equity markets. In addition, he advised clients on optimal capital structure, risk management and treasury management. He also served as a consultant to the Vermont Agency of Natural Resources. Lo earned an MBA from the Tuck School of Business at Dartmouth, and a BA in economics from Dartmouth College.

Johanson comes to RET Capital after having served four years as Director, Structured Finance at GCL Solar Energy. He was responsible for all project financing including equity, tax equity, construction and long-term debt for utility-scale, distributed generation and residential solar PV projects, internationally and in North America. In 2014, he solicited $550 million in tax equity and debt for 250 MW of solar PV projects in North America and Japan. The previous year, he secured $900 million in debt and tax equity financing for 325 MW of solar PV facilities. Prior to joining GCL Solar, Johanson worked as Vice President, Portfolio Trading & Acquisitions at Banc of America Merrill Lynch. He has an MBA from the University of Chicago, Booth School of Business and a BA in business economics from the University of California, Los Angeles.

Working with financial partners NORD/LB Norddeutsche Landesbank Girozentrale in Hannover, Massachusetts Mutual Life Insurance Company (MassMutual) and KeyBank National Association (NYSE: KEY), RET Capital recently announced the close of more than $200MM in financing for four solar projects in the U.S. and Canada.

About RET Capital

RET Capital is an independent finance platform established to lower the cost of capital for qualified developers and other industry stakeholders by providing reliable takeout financing. Focusing on the middle market and working toward standardization, RET Capital helps to facilitate accelerated growth in the North American renewable marketplace by working closely with selected Asset Partners to establish long-term relationships with developers, EPC firms and utilities to provide growth velocity, predictability and improved margins. RET Capital collaborates with its Asset Partners to tailor a suitable acquisition strategy and provide predictable ”take-out” financing for development liquidity. The RET Capital team endeavors to meet Asset Partners’ objectives through innovative ways to structure and design portfolio acquisition and joint ownership opportunities.