OAKLAND, Calif., November 14, 2023 – Intersect Power, LLC (“Intersect Power” or “Intersect”) today announced the commercial operation of its Oberon Solar + Storage project, located in Riverside County, California. The Oberon project generates 679MWp/500 MWac of reliable solar energy, enough to power over 207,000 homes a year, and features 250 MW/1 GWh of co-located storage.
The Oberon project aligns with the priorities of the Inflation Reduction Act (IRA) by using American-made equipment and paying prevailing wages. The project was built with First Solar modules from Ohio, NX Horizon smart solar trackers from Nextracker, and American-made structural steel. More than 930 skilled union jobs were created at peak construction with California’s LiUNA Local 1184, IBEW Local 440 and others, prioritizing local area hire. The co-located 1 GWh of storage was built with batteries from Tesla’s battery facility in Lathrop, California.
“The Oberon project is much more than a new source of clean power for California. It is also a case study in how the clean energy industry can maximize project benefits by prioritizing domestic supply chains and union labor to ensure the rewards of the clean energy transition are felt by all Americans,” said Intersect Power CEO, Sheldon Kimber. “This project demonstrates that Intersect continues to pioneer procurement standards for our industry that live up to the vision of the IRA and deliver transformative clean energy projects that move the needle on the deep decarbonization of our economy.”
The Oberon project is the first to achieve operation through the streamlined approach under the Bureau of Land Management (BLM) Desert Renewable Energy Conservation Plan. The landmark plan was the result of six years of collaboration between the federal government, conservation groups, Native American tribes, the renewable energy industry, utilities, and members of the public, and it designated over 10 million acres of conservation and recreation lands in the southern California desert while centering renewable energy development in designated Development Focus Areas.
“The completion of the Oberon Solar Project underscores the Bureau of Land Management’s commitment to responsible energy development in pursuit of a carbon free power sector,” said BLM California State Director, Karen Mouritsen. “This project is another example of the Bureau’s steadfast commitment to the furtherance of renewable energy and prioritizing a healthier planet.”
Energy, Renewable Energy Credits and Resource Adequacy generated by the Oberon project will be purchased by a combination of offtakers including Calpine Energy Solutions, Constellation, Ava Community Energy (formerly East Bay Community Energy), Microsoft, and San Diego Community Power.
Intersect secured funding for the project’s construction as part of the broader portfolio financing announced last September, when the company closed on portfolio level term debt, tax equity, and construction financing commitments from leading financial institutions and investors.
The portfolio term debt was provided by certain funds and accounts managed by HPS Investment Partners, and other Co-Investors. The Tax Equity was provided by Morgan Stanley Renewables Inc. and U.S. Bancorp Impact Finance. Construction debt was provided by Coordinating Lead Arrangers MUFG and Santander Corporate & Investment Banking, along with CoBank, KeyBanc Capital Markets, Helaba, Bank of America, Zions Capital Markets and Nord LB as Joint Lead Arrangers and SuMi TRUST as a participant.
Intersect and its partners were represented by the following counsel and advisors on the deals: Orrick Herrington & Sutcliffe, LLP represented Intersect as lead counsel and Kirkland & Ellis LLP served as Intersect’s special tax counsel; CCA Capital LLC advised IP on the tax equity transactions; Greenberg Traurig served as counsel to U.S. Bancorp Impact Finance; and Winston & Strawn LLP served as counsel to the construction lenders.
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About Intersect Power
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to customers for U.S. consumption and international export.
Founded in 2016, Intersect Power is laser-focused on scalable, transformative clean energy projects that move the needle on deep decarbonization and redefine the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy.
We have a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is in operation or commissioning. Our business plan includes growth in grid-tied renewables, as well as large-scale clean energy assets including green hydrogen.
Houston, TX — June 27, 2023 — Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced the closing of an up to $800 million new revolving corporate credit facility to support its continued organizational growth and expansion of its clean energy platform. Partnering with Coordinating Lead Arrangers and Joint Bookrunners, Deutsche Bank AG, Nomura Securities International, and Santander Corporate & Investment Banking (“CIB”), Intersect closed on this revolving loan and letter of credit facility that will be used to further support Intersect’s development pipeline and growing operational fleet.
Santander CIB acted as Green Structuring Agent and Administrative Agent. Additional banks participating in the facility include Joint Lead Arrangers, First Citizens Bank and HSBC, as well as participating lender Celtic Bank Corporation.
“This deal is one of the largest of its kind ever done in the clean energy sector,” said Intersect Power CEO Sheldon Kimber. “It allows Intersect to bring gigawatts of clean energy online across solar, wind, and green hydrogen technologies and further demonstrates that growth is not only possible in infrastructure, but inevitable as the climate crisis requires a complete rebuild of our entire energy and industrial infrastructure.”
The proceeds of the loan will support the development, construction, and operation of Intersect’s next wave of renewables, energy storage, and green hydrogen projects. The loan includes a Green Financing Framework that adheres to the 2023 LSTA[1] Green Loan Principles and ICMA[2] Green Bond Principles. Intersect’s Green Financing Framework was reviewed by Morningstar Sustainalytics, who published a Second-Party Opinion Report on Intersect’s adherence to the Green Loan Principles.
“Santander is proud to extend our ongoing support for Intersect with this strategic and innovative financing that will allow the Company to continue delivering high-quality large-scale renewable energy projects, while complementing such projects with green molecule investments that should enable the deep decarbonization of our economy,” said Nuno Andrade, Head of Global Debt Financing US. “We congratulate all the parties involved, especially the entire Intersect team for this outstanding achievement.”
“Deutsche Bank is very proud to have partnered with Intersect Power in this landmark financing. This financing will help facilitate Intersect’s important contribution to the decarbonization of the U.S. power grid and evidences Deutsche Bank’s continued commitment to support the premier developers in the sector.” Jeremy Eisman, Head of Infrastructure & Energy financing, Deutsche Bank.
“Nomura’s Infrastructure & Power Business (“IPB”) is excited to deliver a unique financing solution package to innovative renewable energy developers such as Intersect which are at the forefront of the energy transition” said Vinod Mukani, Global Head of IPB. “We are delighted to have supported Intersect on this milestone transaction and look forward to partnering further with Intersect as they expand their portfolios” said Alain Halimi, Managing Director, IPB at Nomura.
Kirkland & Ellis LLP acted as legal counsel to Intersect while Norton Rose Fulbright
US LLP acted as legal counsel to the Coordinating Lead Arrangers. Riverside Risk Advisors LLC supported Intersect as interest rate hedge advisor.
This new credit facility follows $1 billion in growth equity investment from TPG Rise Climate, CAI Investments and Trilantic Energy Partners North America.
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its global customers. The company develops some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to its customers. Intersect Power has a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is in operation or commissioning. The company’s business plan includes growth in grid-tied renewables, as well as large-scale clean energy assets such as green hydrogen. To learn more about Intersect Power, visit www.intersectpower.com.
Media Contact:
Will O’Brien
FTI Consulting for Intersect Power
1.414.315.3039 [email protected]
OAKLAND, Calif., June 6, 2023 /PRNewswire/ — Intersect Power, LLC, (“Intersect Power”), announced the commercial operation of its Radian solar project, located in Brown County, TX, on May 16, 2023. The Radian solar project:
Utilizes First Solar panels,
Created more than 500 construction jobs over the three-year construction cycle; and,
Generates 415 MWp/320 MWac of solar energy, enough to power more than 114,000 homes.
“Renewable energy is a critical piece of the overall American energy production story. Investing in clean energy is a smart business decision and Texas continues to lead the way in strong investments, development and production,” said Sheldon Kimber, Intersect Power’s CEO. “Texas clean energy production has spurred significant economic development and job creation in the state while bringing energy security and independence to the U.S.”
The Radian solar project is part of Intersect Power’s near-term portfolio totaling 2.2 GW of solar PV and 1.4 GWh of co-located storage. The entire portfolio will be operational by the end of 2023.
Intersect Power secured funding for the project’s construction and operations as part of the broader portfolio financing announced in November 2021, when Intersect Power closed on portfolio level term debt, tax equity and construction financing commitments from leading financial institutions and investors. Investors included Bank of America and Apple, supported by an innovative offtake structure with Merrill Lynch Commodities. Certain funds and accounts managed by HPS Investment Partners, LLC and various co-investors invested in the portfolio term debt. Construction debt was provided by Coordinating Lead Arrangers MUFG and Santander Corporate & Investment Banking; along with Cobank, ACB; KeyBanc Capital Markets; Helaba; and Nord LB as Joint Lead Arrangers.
About Intersect Power
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its global customers. The company develops some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to its customers. Intersect Power has a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is in operation or late-stage construction. The company’s business plan includes growth in grid-tied renewables, as well as large-scale clean energy assets such as green hydrogen. To learn more about Intersect Power, visit www.intersectpower.com.
Oakland–[January 11, 2023]– Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced the commercial operation of its Athos III solar project located in Riverside County, California, on December 22, 2022. The Athos III solar project was built by union labor, with American-made solar panels, batteries, and steel piles, meaning it is expected to meet the domestic content and prevailing wage requirements in the Inflation Reduction Act (IRA).
The Athos III solar project (also known as Blythe Mesa Solar II) generates 224 MWac/310 MWp of reliable solar energy, enough to power approximately 94,000 homes, and features 448 MWh of co-located storage.
“Today marks a major milestone for the Intersect Power team and our impact as a clean energy developer, owner and operator,”said Intersect Power CEO Sheldon Kimber. “Athos III demonstrates that Intersect continues to pioneer procurement standards for our industry that live up to the vision of the IRA. This project is much more than a significant new source of clean energy for California’s energy system; it’s also a case study in how the clean energy industry can maximize our impact by prioritizing domestic supply chains and union labor to ensure the benefits of the clean energy transition are felt by all Americans.”
The Athos III solar project is part of Intersect Power’s near-term portfolio totaling 2.2 GW of solar PV and 1.4 GWh of co-located storage. The remainder of the portfolio will be operational in 2023. Construction of the Athos III solar project created 500 peak union jobs.
Funding for the project’s construction and operations was secured as part of the broader portfolio financing announced last November, when Intersect Power closed on portfolio level term debt, tax equity, and construction financing commitments from leading financial institutions and investors. The portfolio term debt was provided by HPS Investment Partners. The Tax Equity was provided by Morgan Stanley Renewables Inc. Construction debt was provided by Coordinating Lead Arrangers MUFG and Santander Corporate & Investment Banking, along with Cobank, KeyBanc Capital Markets, Helaba, and Nord LB as Joint Lead Arrangers.
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About Intersect Power
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets. The company develops some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to customers across North America. Intersect Power has a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is under construction or in operation. The company’s business plan includes growth in grid-tied renewables, as well as large-scale clean energy assets including green hydrogen. To learn more about Intersect Power, visit www.intersectpower.com.
Intersect Power expected to be the largest buyer and operator of First Solar technology by 2029
TEMPE, Ariz., November 17, 2022 – First Solar, Inc. (Nasdaq: FSLR) announced that it has entered into agreements to supply an additional 4.9 gigawatts (GW)DC of its high performance, responsibly produced, thin film photovoltaic (PV) solar modules to Intersect Power, LLC. When combined with a previously announced agreement for 2.4 GWDC signed in July 2022, these transactions take Intersect Power’s total orders for First Solar modules this year to 7.3 GWDC. Of the 4.9 GWDC, the agreement to supply 1 GWDC was signed prior to First Solar’s Q3 2022 earnings call in October, while the agreement to supply the remaining 3.9 GWDC was signed subsequent to the October earnings call.
The orders placed by Intersect Power this year will see a combination of First Solar’s Series 6 Plus and Series 7 modules deployed in its solar, storage, and green hydrogen projects coming online across the United States from 2025 to 2029.
“We have an unprecedented opportunity to decarbonize our economy while simultaneously bolstering our manufacturing sector and providing clean energy security,” said Sheldon Kimber, chief executive officer, Intersect Power. “First Solar’s responsibly produced, high-performance modules are the cornerstone of our commitment to American technology and workers. Our country’s energy transition must be American made.”
Prior to 2022, Intersect Power had placed orders for a total of 4.1 GWDC of modules in deals signed in 2019 and 2021. This latest transaction is expected to solidify its position as the world’s largest buyer and operator of First Solar’s US-developed, ultra-low carbon, PV module technology, with an estimated deployed capacity of 11.4 GWDC by 2029.
“Intersect Power was one of the early pioneers of long-term, multi-year procurement and has benefitted from the certainty of supply and stable pricing that this approach delivers,” said Georges Antoun, chief commercial officer, First Solar. “We’re proud of this enduring partnership and we’re thrilled that, as Intersect Power continues to scale, its growth will be underpinned by American solar technology produced by First Solar.”
Designed and developed at its R&D centers in California and Ohio, First Solar’s advanced thin film PV modules set industry benchmarks for quality, durability, reliability, design, and environmental performance. The modules have the lowest carbon and water footprint of any commercially available PV technology today.
Additionally, First Solar’s differentiated thin film semiconductor, integrated manufacturing process and tightly controlled supply chain helps eliminate the risk of exposure to solar supply chains identified by the US Department of Labor’s 2022 List of Goods Produced by Child Labor or Forced Labor as being tainted by forced labor. First Solar is the only company among the ten largest solar manufacturers globally to be a member of the Responsible Business Alliance (RBA), the world’s largest industry coalition dedicated to supporting the rights and well-being of workers and communities in the global supply chain. The company is also the first PV manufacturer to have its product included in the Electronic Product Environmental Assessment Tool (EPEAT) global registry for sustainable electronics.
First Solar, the only US-headquartered company among the world’s largest solar manufacturers, is expanding its manufacturing capacity at home and abroad. In addition to a third factory under construction in Ohio, the company recently announced that it is expanding its Ohio manufacturing footprint and a new manufacturing facility, its fourth American manufacturing facility, in the US Southeast. These latest investments are expected to bring First Solar’s total investment in American manufacturing to $4 billion, while its annual US manufacturing capacity is forecast to expand to over 10 GWDC by 2025. The company also announced that it plans to invest approximately $270 million in a dedicated research and development (R&D) innovation center in Perrysburg, Ohio, which is expected to be completed in 2024.
About Intersect Power
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets. The company develops some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to customers across North America. Intersect Power has a base portfolio of 2.2 GW of solar PV and 1.4 GWh of co-located storage that is under construction or in operations. The company’s business plan includes growth in grid-tied renewables, as well as large-scale clean energy assets including green hydrogen. To learn more about Intersect Power, visit www.intersectpower.com.
About First Solar, Inc.
First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change. Developed at R&D labs in California and Ohio, the company’s advanced thin film photovoltaic (PV) modules represent the next generation of solar technologies, providing a competitive, high-performance, lower-carbon alternative to conventional crystalline silicon PV panels. From raw material sourcing and manufacturing through end-of-life module recycling, First Solar’s approach to technology embodies sustainability and a responsibility towards people and the planet. For more information, please visit www.firstsolar.com.
For First Solar Investors
This release contains forward-looking statements, which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements concerning an order for up to 4.9 GWDC of solar modules by Intersect Power; the expectation that this latest transaction between the parties will make Intersect Power the world’s largest buyer and operator of First Solar’s PV module technology, with an estimated deployed capacity of 11.4 GWDC by 2029; First Solar’s plan to invest up to build a fourth factory in the US Southeast and expanding the capacity of its existing manufacturing footprint in Ohio; First Solar’s expectation that its total investment in American manufacturing will be $4 billion; First Solar’s forecast that its annual US manufacturing capacity will expand to over 10 GWDC by 2025; and First Solar’s intention to invest approximately $270 million in a dedicated R&D innovation center that is expected to be completed by 2024. These forward-looking statements are often characterized by the use of words such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “seek,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” “continue” and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events and therefore speak only as of the date of this release. You should not place undue reliance on these forward-looking statements. We undertake no obligation to update any of these forward-looking statements for any reason, whether as a result of new information, future developments or otherwise. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these statements. These factors include, but are not limited to, the matters discussed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our most recent Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q, as supplemented by our other filings with the Securities and Exchange Commission.
OAKLAND, CA, –[September 29, 2022] — Intersect Power, LLC, (“Intersect Power” or the “Company”) announced today the closing of an aggregate of $2.4 billion of new financing commitments and the allocation of $675 million of previously announced commitments for the construction and operations of four solar energy projects totaling approximately 1.5GWdc PV + 1.0GWh BESS. The transactions represent construction financing, tax equity, operational letters of credit and a portion of previously announced portfolio level term debt with industry-leading partners.
All four projects – Lumina I, Lumina II, Oberon I and Oberon II – are expected to be operational in 2023. The Lumina I and II projects, in Texas, total approximately 840 MWp and the Oberon I and II projects, in California, total approximately 685 MWp + 1,000MWh BESS. These projects are part of the Company’s late-stage portfolio totaling 2.2 GW of late-stage solar projects with 1.4 GWh of storage.
“These closings culminate a multi-year process raising more than $6 billion to build out one of the largest solar + storage portfolios our country has seen to date which serves as a platform for future growth into green hydrogen and other decarbonization technologies,” said Sheldon Kimber, CEO of Intersect Power. “The strength of our partnerships and collective teams’ determination further validates our path to decarbonize the hard-to-reach corners of the economy.”
As with Intersect Power’s $2.6B financing announcement in November 2021, these financings follow the Company’s approach by incorporating structuring and pricing provisions designed to account for the higher proportion of uncontracted revenue in the portfolio. Proceeds from the term facility will support both construction and operation of the portfolio.
MUFG and Santander served as co-lead arrangers on the approximately $1.6 billion construction financing with NORD/LB, KeyBanc Capital Markets, Helaba, CoBank, Bank of America, and Zions Bancorporation acting as Joint Lead Arrangers. CoBank ACB is providing operational letters of credit to the Oberon I & II and the Lumina II projects.
“Intersect Power has robust capabilities as a developer of transformative renewable energy projects,” said Louise Pesce, Managing Director of Project Finance at MUFG. “We are honored to be a financing partner for this phase of their large solar plus storage portfolio which will catalyze the transition to a more sustainable energy infrastructure.”
“We are very proud to have supported Intersect in this transformative capital raise process in such a meaningful way,” said Nuno Andrade, Managing Director and Head of Structured Finance US at Santander’s Corporate & Investment Banking. “Intersect continues to position itself as an innovative company that develops renewable energy projects at scale to provide clean energy and US jobs, both of which are critical for the economy and the energy transition.”
“CoBank was pleased to work with the Intersect Power team to provide operational letters of credit on a bilateral basis under an innovative structure to the Oberon I, II and Lumina II projects of the portfolio” said Jackie Bove, managing director and head of project finance at CoBank, ACB.
Concurrent with the closing of the construction financing, Intersect secured approximately $775 million of commitments from leading tax equity investors, including Morgan Stanley Renewables Inc. (Oberon II), a Fortune 100 technology company (Lumina I), and U.S. Bank (Oberon I and Lumina II).
“We’re excited to partner with Intersect Power to grow solar capacity and storage with these investments in California with Oberon I and Texas with Lumina II,” said Jon Peeples,environmental finance business development director with U.S. Bancorp Community Development Corporation, the tax credit and community investment division of U.S. Bank. “Investments like these are a tangible way U.S. Bank can be a responsible steward of the environment and combat climate change while creating jobs and positively impacting local communities.”
“We are proud to again partner with Intersect Power by providing them capital to help accelerate their scalable and innovative approaches to decarbonizing energy sources,” said Jorge Iragorri, Managing Director and Head of the Alternative Financing Group at Morgan Stanley.
The allocation of $675 million of previously announced term-loan commitments was provided by HPS Investment Partners and Co-Investors.
Intersect and its partners were represented by the following counsel and advisors on the deals: Orrick Herrington & Sutcliffe represented IP as lead counsel on all transactions and Kirkland & Ellis LLP served as Intersect’s special tax counsel; CCA Capital LLC advised IP on the tax equity transactions; Greenberg Traurig served as counsel to U.S. Bank; Milbank LLP served as counsel to the tax equity investor on Lumina I; Mayer Brown LLP served as counsel to Morgan Stanley Renewables Inc.; Skadden, Arps, Slate, Meagher & Flom LLP served as counsel to HPS; and Winston & Strawn LLP served as counsel to the construction lenders.
About Intersect Power
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets. The Company develops some of the world’s largest clean energy resources providing low-carbon electricity, fuels, and related products to customers across North America. Intersect Power has an 8.5+ GWp and 8+ GWh mid to late-stage pipeline that includes a base portfolio of 2.2 GWp of solar PV and 1.4 GWh of co-located storage that will be in operation by 2023. The Intersect team is also planning nearly 1 GW of green hydrogen production. To learn more about Intersect Power, visit www.intersectpower.com.
Media Contact:
Cate Powers
Intersect Power
415-939-3589 [email protected]
Intersect Power is a proud member of the Stamford Chamber of Commerce. Past sponsorships include Market on the Square, the Fall Festival and the Holly Jolly Christmas event.
HASKELL CHAMBER OF COMMERCE
Intersect Power is a proud member of the Haskell Chamber of Commerce. Past sponsorships include Wild Horse Prairie Days and the Haskell Christmas Parade.
BETTER STAMFORD SCHOOL SUPPLY DRIVE
In 2024, Intersect Power donated $5,000 to support the Better Stamford School Supply Drive, helping distribute school supplies to students in the Stamford area.
PAINT CREEK INDEPENDENT SCHOOL DISTRICT
As part of our support for the Paint Creek ISD, our donations have helped to fund a new athletics scoreboard for the Paint Creek Pirates, provide outdoor shade equipment, and purchase new drone equipment for their STEAM classes.
HASKELL INDEPENDENT SCHOOL DISTRICT
As part of our support for the Haskell ISD, we’ve funded a new athletic sound system and supported a $15,000 scholarship program to empower graduates pursuing higher education.
HASKELL COUNTY TEXAS A
Intersect Power donated $50,000 to the Haskell County TX A&M Extension Services, supporting the renovation of a community building dedicated to 4-H and other children’s programs.
KEEP HASKELL BEAUTIFUL
Intersect Power contributed $100,000 to Keep Haskell Beautiful to support several local improvement projects, including upgrades to the city of Haskell’s walking track and tennis courts, improvements to the Haskell Civic Center and new fire equipment for the Haskell Fire District.
Anneli Alers
Anneli is Senior Vice President Capital Markets
Anneli is responsible for overseeing the Project Finance, Portfolio Finance, and Treasury functions. She is a project finance executive with over 15 years of experience structuring and executing financing transactions spanning various types of debt and equity products in the renewable energy industry.
Prior to joining Intersect Power, Anneli was Senior Vice President of Project Finance for Invenergy where she worked on utility scale wind, solar, storage, and conventional power generating asset financings in the U.S., Canada, and Europe.
Anneli holds a BS, General Engineering from the University of Illinois Urbana-Champaign and a MBA, Finance, Accounting, Operations from The University of Chicago Booth School of Business.
Anneli lives in Taos, New Mexico where she enjoys many of the mountain and river activities the area has to offer and watching many spectacular sunsets.
Amarillo Sod Poodles
Intersect Power had the honor of serving as the presenting sponsor for the 2024 ‘Reading with RUCKUS’ literacy education program, in partnership with the Amarillo Sod Poodles! This initiative is dedicated to fostering literacy and educational engagement among local students by offering incentives as they achieve specific milestones. To launch the program, the beloved Sod Poodles mascot, RUCKUS, made special appearances at assemblies in participating schools, igniting excitement for reading among students. An impressive 20,242 students from 12 school districts across the Texas Panhandle enthusiastically took part in the program
Hereford Food Pantry
The Hereford Food Pantry addresses hunger by providing food for residents of Deaf Smith County. Intersect Power made a donation to support the Food Pantry’s efforts in combating hunger in the area.
Hereford Sports and Wellness Center and the City of Hereford
The Hereford Sports and Wellness Center provides wholesome sports programs, fitness opportunities, and other community-building activities for the citizens of Hereford and the surrounding region. Intersect Power collaborated with the Wellness Center and the City of Hereford, contributing to the construction of a new regional softball/baseball complex in Deaf Smith County. This park will benefit the city and surrounding areas by hosting regional tournaments.
DEAF SMITH COUNTY CRISIS CENTER
The Deaf Smith County Crisis Center provides support for victims of domestic violence and sexual assault. We contributed to the Crisis Center’s programs with a general donation.
PANHANDLE COMMUNITY SERVICES
Panhandle Community Services works to change the lives of low-income people by bridging the gap from poverty to self sufficiency.
We have provided funds to support the organization’s weatherization and assistance programs in Deaf Smith, Gray, and Roberts counties.
DEAF SMITH COUNTY
We are a proud member of the Deaf Smith Chamber of Commerce and recently provided funds to help support an initiative to add new signs in the community.
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