Arevon and Capital Dynamics Receive High Scores in GRESB ESG Benchmark for U.S. Clean Energy Funds

NEW YORK and SCOTTSDALE, Ariz. – October 19, 2021 – Arevon Energy, Inc., a leading renewable energy company, and Capital Dynamics, an independent global private asset management firm, announced that two of their U.S.-based clean energy infrastructure funds received high scores in GRESB’s 2021 ESG Infrastructure Benchmark. These funds have earned high marks for the last three years. During the 2020 reporting period, Capital Dynamics was the investment manager of the funds and Arevon provided operations and asset management consulting services.

Both funds received perfect management scores, while the underlying assets performed strongly. Four operating solar assets – Moapa, California Flats, Mt. Signal 3, and 8point3 – netted four of the top five places in the North American Private Renewable Energy category.

“We are honored that GRESB has recognized our commitment to sustainability for a third consecutive year,” said John Breckenridge, chief executive officer of Arevon. “Our performance is a reflection of the entire team’s dedication to meeting high ESG standards across the investment, development, construction, and operations phases of a project. Arevon’s multifaceted expertise allows us to deliver innovative clean energy solutions in a sustainable manner.”

The GRESB infrastructure assessment is a leading industry ESG benchmark. The assessment is aligned with the UN Sustainable Development Goals, the Paris Climate Agreement, and major international reporting frameworks. By providing a consistent framework, GRESB allows asset managers, investors, and partners to measure ESG performance across a fleet and over time.

About Arevon

Arevon Energy, Inc. is a leading renewable energy company with roots as one of the largest renewable asset managers in the United States. Arevon’s financial prowess and industry expertise come together to improve the structure and performance of clean energy assets across North America. Headquartered in Scottsdale, Ariz., and New York City, Arevon uses innovative approaches and leading-edge technology to provide commercial, financial, performance asset management, and construction services to nearly 10 GWac of renewable energy assets delivering clean energy to utilities and corporations. For more information, please visit: www.arevonenergy.com  

About Capital Dynamics

Capital Dynamics is an independent global asset management firm focusing on private assets, including private equity (primaries, secondaries co-investments), private credit, and clean energy infrastructure. Created in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. As of Q2 2021, Capital Dynamics oversees more than USD 15 billion in assets under management and advisement[1], and employs approximately 160 professionals globally across 14 offices in Europe, the Middle East, North America, and Asia.

With over three decades of experience, Capital Dynamics has developed long-term relationships with over 350 private equity fund managers globally, enabling powerful and proprietary deal flow across primaries, secondaries, co-investments, and private credit opportunities. The Firm’s clean energy infrastructure platform makes direct equity investments in carbon-reducing renewable energy power generation from late-stage development to commercial operations.  

Capital Dynamics is a recognized industry leader in responsible investing, receiving the highest marks from the UNPRI for its Strategy & Corporate Governance, and investment strategies. The Firm combines robust returns with market-leading ESG practices, including designing, implementing and trademarking the Capital Dynamics R-Eye™ Rating System – a unique, best-in-class approach to diligence and rating of each investment based on UNPRI principles and UN Sustainable Development Goals. For more information, please visit: www.capdyn.com

[1] As of June 30, 2021. Assets Under Management are calculated based on the total commitments as of the final closing date for all funds currently managed by Capital Dynamics, including amounts that have been distributed. Assets Under Advisement includes assets for which Capital Dynamics provides services such as reporting, monitoring and risk management.