sPower

sPower, headquartered in Salt Lake City, UT with offices in San Francisco, CA and New York City, NY, is a leading independent power producer (IPP) which owns and/or operates more than 150 utility and distributed electrical generation systems across the US. With a project pipeline greater than a gigawatt, our portfolio of operating projects spans Arizona, California, Connecticut, Hawaii, Indiana, Massachusetts, New Jersey, New York, North Carolina and Utah.

Whether it is hydro, wind, solar, biomass or even technologies yet to be invented, at sPower, wherever we look, we see sustainable energy opportunities.

OUR PHILOSOPHY

Our philosophy is deeply rooted in a set of four dynamic core values that guide our approach to doing business.

We strive to provide value-driven project solutions.
Partnering effectively with key stakeholders to execute high-quality renewable energy is our primary goal. We take a collaborative approach to project development and problem solving because, as experienced entrepreneurs and technologists, we have learned to nimbly make the necessary choices to deliver the highest quality and best value projects.

We are patiently focused on delivering quality projects efficiently.
At sPower we believe that our best work is done patiently and efficiently with intense focus on timely project completion. We have the knowledge and expertise necessary to take a broad view of the sustainable energy project life cycle. Our dedication to quality is grounded in the necessary time to fine-tune technologies and financial models, thus delivering quality projects with lower investment costs. And successful large scale projects result in opportunities to create substantial spending value to rate payers.

We work as a multidisciplinary team with a holistic view supported by a breadth of experience.
Our management team, comprised of experienced experts in engineering, transmission/interconnection, marketing, finance and operations, is individually and collectively focused on executing the necessary strategic imperatives that drive growth and deliver value.

We are committed to demonstrating honesty and transparency in all of our business activities.
Honesty and transparency are at the core of all of our business activities. We place the highest value on the relationships we have with our landowners, vendors, investors and utility partners, believing that our success depends on true, hands-on partnerships defined by mutual respect, committed support and integrity.

UTILITY ENERGY

Federal and state governmental regulations mandate that a portion of each utility company's energy portfolio comes from renewable sources. At the same time, consumers continue to demand sustainable energy options at competitive rates without compromising reliability.
sPower's Utility Energy Division is focused on generating high performance, sustainable power at a low cost with minimal disruption to existing utility partners’ operations. Utilities trust in sPower’s proven track record of responsible development, interconnection, permitting, construction and O&M to help them meet their sustainable energy requirements.

sPower strives to relentlessly deliver reliable, dependable and cost-competitive renewable energy options. To accomplish this, we:
• Invest in renewable energy projects at any stage of development.
• Partner with technology and equipment manufacturers.
• Engage in greenfield development in most markets and with targeted utility programs.
• Provide financing for development, construction and long-term operations.
• Own and/or operate projects and maintain quality assets for its customers.

THE SurePath® SOLAR PPA

A SurePath® Solar PPA, or Power Purchase Agreement, is a long-term agreement between sPower and a customer to provide solar electricity at guaranteed rates. sPower provides the design, financing, maintenance and support for all elements of the solar electric system, including management of rebates and other government financial incentives. The customer buys only the generated electricity.

sPower's Commercial Energy Division owns and/or operates distributed energy projects including solar and efficiency measures. sPower has partnered with schools, universities, cities and large corporations in successfully delivering distributed solar energy generation projects. And our capabilities don't end at solar. We are committed to leading the renewable energy sector with solutions that span the full range of options - whether hydro, biomass, geothermal, wind or solar.