In July 2017, Intersect Power closed on an investment with Macquarie Infrastructure Corporation (MIC) for the development of the company’s solar and power storage projects across the U.S. The investment includes equity, contingent equity commitments and credit facilities that comprehensively fund Intersect Power’s more than 5GWp pipeline development and expansion. A $6.6 billion listed company, MIC’s portfolio of infrastructure businesses includes over 350MWp of operating solar and wind power assets. MIC is actively engaged in the development and acquisition of renewable power operations.
Intersect Power has a pipeline of early stage projects in California, Texas, Colorado, Nevada and is actively pursuing additional development opportunities across the U.S. With a fully staffed development team and the robust financial support of MIC, Intersect Power can be a strong partner for existing developers, land owners, power customers and others. If you're interested in such a relationship please let us know.