AB Power Advisors Facilitates Fortune 100s ESG Objective

AB Power Advisors, LLC, in Austin, Texas, announced its advisory role in the recent signing of a Power Purchase Agreement by Energy Transfer from a utility scale Solar project in northeast Texas. Energy Transfer is a publicly traded Fortune 100 energy company based in Dallas.

AB provided Samsung Renewable Energy, Inc., a subsidiary of Samsung C&T Corporation's Investment and Trading Group, with commercial advisory including offtake origination services for the 200 MWac solar project located in Lamar County, Texas.

AB is currently engaged in regulatory, commercial, and capital deployment advisory for over 5 GWs of thermal and renewable projects across the United States.

Matthew Berend, Managing Partner of AB Power Advisors, said "AB's long-standing relationship with Energy Transfer allowed for a streamlined process. We are pleased to be able to pair solar developers with U.S. industrials to help meet the nations' growing ESG demand."