CIG Renewables has a strong desire to create sustainable, long-lasting, and environmentally friendly projects. CIG has a renewable energy goal of having 5GW of renewable power in its portfolio by 2027.
To achieve this, CIG is actively working with our team and our partners to acquire, develop, and fund renewable energy projects. It would take over four terawatts (equivalent to 4,000,000 megawatts) of power from renewable sources to power the entire United States. This would require over 22,000 square miles of solar farms, which is roughly the comparative size of Connecticut, Delaware, Hawaii, New Jersey, and Rhode Island combined. The U.S. Department of Energy (DOE) produced a report that models one path to achieving 95% clean energy by 2035, and 100% clean energy by 2050. According to the DOE, to achieve this goal, “the U.S. will have to double its yearly solar installations by 2025,” and then, “. . .ramp-up to 60GW per year until 2050.” The following year, the U.S. only installed 26GW of solar capacity. Which is only a total of 130GW of developed solar in the United States. CIG is one of many groups that will usher the large utility solar farms in the US in order to help reach the USA’s goal of having 95% clean energy.
The financial market has begun embracing the need for renewable energy sources, and CIG sees the opportunity to effectuate change and be a part of the overall solution. CIG is doing so by de-risking solar projects in a manner where projects become “stand-alone” (no credit wraps or co-signers) investment-grade green bonds. This method opens the door for many other types of investors to purchase CIG’s investment-grade note issuances of fixed and floating bonds for its projects. With CIG Renewable’s 100% project development and funding model, we work with our investment bankers and placement distribution desks to provide almost all the layers of the capital stack, including the late development funds, the bridge, the mezzanine, the construction, the equity and quasi-equity, and the short-term and permanent funding.
Below is a list of our current pipeline of 6 Solar projects. CIG is currently working with no-profit future utility solar projects, which would have an additional 3.5+ GW of power.
CIG Renewable Energy Pipeline
The exact location and other details of each solar project are not displayed based on mutual non-disclosures.
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Speak with one of our CIG team members to learn more about our funding programs and models. Together we will find or create a model that is right for you.