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CBRE Acquires Renewable Advisory Group From NRG
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CBRE Group, Inc. announced that it has acquired NRG Energy's renewable advisory group
The renewable advisory group, led by Miro Sutton, specializes in brokering and advising on renewable energy transactions, including structuring community solar, utility-scale deals (e.g. Virtual Power Purchase Agreements) and other opportunities.
The renewable advisory group also advises on monetizing transferable tax credits generated by renewable projects.
"[I]tegrating renewable energy into a company's real estate can be a complex process. This acquisition enables CBRE to offer a wide range of energy-related sustainability services to all our clients, both occupiers and investors, and help them simplify the complexity associated with planning, sourcing and managing renewable energy," said Robert Bernard, CBRE's chief sustainability officer
"CBRE and NRG will continue to work closely to help both companies' customers achieve their renewable energy ambitions and help to accelerate the transition to a clean energy economy," CBRE said
CBRE Group, Inc. describes itself as the world's largest commercial real estate services and investment firm (based on 2023 revenue).
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October 11, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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