Michael Kagan, Senior Vice President at Concentric, recently led a team that served as the market advisor to Basalt Infrastructure Partners LLC (“Basalt”). In this capacity, Concentric supported an investment by Basalt Fund III in a residential solar portfolio owned by funds managed by Ares Infrastructure and Power. This transaction is notable in that it includes approximately 11,000 existing residential solar installations and the capacity to support additional solar installations across the US through a new entity, Habitat Solar.

Catch up on recent energy news from the Foster Report.

Senate Committee Approves Christie, Clements for FERC; Floor Vote Uncertain

In a brief meeting on White House nominees for the two open commissioner seats at FERC, the Senate Energy and Natural Resources Committee on November 18 approved Mark Christie and Allison Clements.

Biden Eyes Climate Change as a Priority, With Georgia Senate Races Undecided

Positioning on clean energy matters is in full swing in Washington, with advocates of renewable resources and fossil fuels congratulating President-elect Joe Biden and vowing to work with a new administration on energy issues.

Trump Names Danly Chairman at FERC, Putting Chatterjee as Swing Vote

A shakeup at FERC accompanied President Donald Trump’s arrival in Washington in 2017 and it is taking place again shortly after the election, with Trump on November 5 naming Commissioner James Danly as chairman.

Moves by Japan on Carbon, EU on Methane Put U.S. LNG Exporters on Alert

With U.S. LNG exports going to more countries, developments in Europe and Japan on emission issues have LNG exporters concerned about the potential for market disruptions.

Concentric is proud to announce new additions to our consulting staff.

Wale Akanni started in October as a Senior Consultant in Concentric’s Marlborough (virtual) office.  Wale has a Bachelor’s and Master’s degree in Mechanical Engineering, and recently earned his Master’s degree in Business Administration with a concentration in Finance from the Isenberg School of Management at the University of Massachusetts-Amherst.

Clara-Ann Joyce started in October as a Senior Analyst in Concentric’s D.C. (virtual) office.  Clara-Ann has a Bachelor’s degree from Cornell University and recently earned her Master’s degree in Business Administration from Yale University’s School of Management.

Austin Frank started earlier in November as an Analyst in Concentric’s Marlborough (virtual) office.  Austin has a Bachelor’s degree in Environmental Analysis and Economics from Vanderbilt University and has spent the last three years working for Nexamp as a Community Solar Operations Analyst.

We are happy to welcome Wale, Clara-Ann, and Austin to our team of experts.