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CohnReznick Think Energy Announces Engagement with NRG Energy and Digicel Group on Major Caribbean Development


10/15/13

CohnReznick Think Energy, LLC (CRTE), a consulting firm focused on renewable energy generation, today announced a groundbreaking engagement with NRG Energy (NRG) and major mobile telecommunications operator Digicel to support the development, acquisition, construction, and operation of renewable energy projects throughout the Caribbean region. CRTE will work with NRG and Digicel to deploy investment capital and bring financial and environmental benefits to the governments, utilities, and people of the Caribbean.

The types of projects being sought are primarily solar, but as CRTE President Mark Crowdis stated, “Understanding the right mix of technologies, from energy storage to wind systems to solar, is key in providing the greatest financial and environmental benefits to the region. Proven technologies with a track record of successful performance will be the cornerstone of this effort. CohnReznick Think Energy is honored and excited to be working with NRG Energy and Digicel on this unprecedented co-development opportunity.”

CRTE will manage a request for proposals process for NRG and Digicel to solicit property owners, developers, governments, installers, and others to provide information on renewable energy projects in development for possible investment. NRG and Digicel endeavor to co-develop, and/or acquire, construct, and own these projects for their lifetime. CRTE initiated this process on September 28, 2013 and project proposal will be due on November 15, 2013. 

CRTE’s renewable energy expertise in the Caribbean includes working closely with with Sir Richard Branson and the Carbon War Room as they launched a proposal to install renewable energy systems and reduce and/or eliminate fossil fuels on Necker Island in the British Virgin Islands.

In order to obtain a copy of a non-disclosure agreement and then the RFP, interested parties should send a request to rfp@crthinkenergy.com.

About CohnReznick Think Energy (CRTE)
CRTE is a consulting firm focusing on renewable energy generation. The firm assists project developers, financiers, governmental organizations, consumers and generators of renewable power. Since CRTE was founded in 2000, it has been supporting clients interested in acquiring on-site renewable energy systems, developing renewable energy projects, purchasing and selling electricity and renewable energy credits (RECs), expanding and improving their renewable energy businesses and technologies, and investing in renewable energy projects and businesses. Working alongside CohnReznick and Reznick Capital Markets Securities, CRTE offers one of the most comprehensive project advisory platforms in the industry. CRTE has assembled a team experienced in economic, financial, and policy analysis; project management; engineering; technology and resource evaluation; and project feasibility studies.  More information is available at www.crthinkenergy.com.

About NRG
NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 500 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers – Reliant, Green Mountain Energy and NRG Residential Solutions – serve more than 2 million residential and commercial customers throughout the country. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy. 

About Digicel Group
Digicel Group Limited is a leading global communications provider with operations in 31 markets in the Caribbean, Central America and Asia Pacific. After 12 years of operation, total investment to date stands at over US$4.5 billion worldwide. The company is renowned for delivering best value, best service and best network.

Digicel is incorporated in Bermuda and its markets comprise: Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, the British Virgin Islands, the Cayman Islands, Curacao, Dominica, El Salvador, Fiji, French Guiana, Grenada, Guadeloupe, Guyana, Haiti, Jamaica, Martinique, Nauru, Panama, Papua New Guinea, Samoa, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Tonga, Trinidad & Tobago, Turks & Caicos and Vanuatu. Digicel also has coverage in St. Martin and St. Barts in the Caribbean. For more information, visit www.digicelgroup.com.

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