Backed by Macquarie’s Green Investment Group, Savion, LLC today announced its official launch as a new utility-scale solar and energy storage project development company.

Macquarie’s agreement to acquire Savion from Enel had been previously reported earlier this year

Savion’s project pipeline includes over 8 GW of solar and energy storage development projects.

Savion was previously part of Tradewind Energy, Inc., a subsidiary of Enel Power North America, and was acquired by GIG in August 2019

Led by Rob Freeman and Geoff Coventry, the Savion team will focus on the development of utility-scale solar and energy storage projects in partnership with utilities, municipalities, corporate customers, and landowners across the United States. Freeman and Coventry previously co-founded of Tradewind Energy in 2003.

Tags:
Macquarie   Storage   Savion   M&A  

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