At RE Royalties, we're committed to accelerating the renewable energy transition by providing innovative financing solutions that empower developers and operators to grow sustainably. One of our collaborations is with Teichos Energy, a leader in renewable energy development.
Teichos Energy, headquartered in Seattle, Washington, develops, constructs, owns, and operates a diverse portfolio of utility-scale energy projects across the United States. Among these is the Jackson Center Solar Project, located in Mercer County, Pennsylvania.
The project comprises two phases, each featuring 27 MWDC (20 MWAC) capacity. In October 2021, RE Royalties acquired a sliding-scale gross revenue royalty on Phase 1 of the project. Building on this success, we secured a gross revenue royalty on Phase 2 in February 2023.
Once fully operational, the Jackson Center Solar Project is expected to generate 42,800 MWh of clean energy annually, helping to reduce reliance on fossil fuels and contribute to a greener energy future.
The Impact of the Partnership
Teichos Energy’s commitment to excellence and sustainability aligns seamlessly with RE Royalties’ mission. With eight utility-scale renewable projects currently operational and over 700 MW of renewable energy generation capacity, Teichos has a proven track record of delivering impactful results.
Our non-dilutive royalty financing has provided Teichos with the flexibility to advance the Jackson Center project while retaining control of their operations. This model allows renewable energy developers to avoid dilution, asset sales, or restrictive debt covenants—critical for driving innovation and growth.
A Broader Vision for Clean Energy
Teichos Energy’s approach goes beyond clean energy generation. Their projects deliver tangible benefits to local communities:
Economic Growth: Land lease payments and local labor hiring during construction stimulate the economy.
Stakeholder Collaboration: Teichos actively engages with landowners, communities, and stakeholders to ensure economic and social benefits complement environmental impact.
Sustainable Practices: By utilizing advanced technology and efficient methods, Teichos minimizes costs and environmental impact, ensuring long-term project success.
Steve Voorhees, CEO of Teichos Energy, stated:
“Teichos is impressed with RE Royalties capabilities, staff, work ethic, and approach to business. Their stellar responsiveness to our needs on this Project is refreshing, and we look forward to doing business with them going forward.”
Driving the Green Economy Together
The Jackson Center Solar Project is a prime example of how collaborative financing can accelerate the transition to a sustainable energy future. Teichos Energy’s efforts, supported by RE Royalties’ innovative royalty financing solutions, demonstrate the power of partnerships in tackling climate change and driving meaningful change.
If you’re a renewable energy developer looking for flexible financing to advance your vision, contact RE Royalties to explore how we can support your journey to build a greener tomorrow.
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