safari energy pyramid

Press Release

Safari Energy Acquires Six Solar Projects From ECA Solar in Massachusetts

Solar projects in eversource territory expand the asset acquisition portfolio of aspen power, the leading distributed energy generation platform that acquired safari energy in november 2022..

NEW YORK AND BOSTON, September 1, 2021 – Leading solar company Safari Energy announced that it has acquired a portfolio of six solar projects located in the Greater Boston area from Waltham, MA-based ECA Solar. ECA Solar developed the projects and provided turnkey engineering, procurement, and construction (EPC) services. Safari Energy closed on the acquisitions when they reached the latter stages of development.

The portfolio is made up of rooftop solar systems, a solar carport canopy and ground-mounted solar panels. The systems are expected to produce as much as 5.6 million kilowatt-hours of electricity per year, avoiding nearly 4,000 metric tons of carbon dioxide emissions annually, or the equivalent CO 2 emissions from 726 homes’ electricity use for one year, nearly 10,000 barrels of oil consumed, or more than 486 million smartphones charged.

“Building scale and velocity with this Massachusetts renewable energy portfolio was only possible with the support and expertise of the Safari Energy team. Their track record and communications made the closings a seamless process,” said Todd Fryatt, President, ECA Solar.

The portfolio that Safari Energy acquired includes three solar systems in Canton, two in Sharon and one in Woburn, Massachusetts, all of which are areas served by Eversource. The projects benefit from the SMART incentive program available in Massachusetts, which incentivizes renewable energy generation. ECA Solar also has projects in development in Colorado, Rhode Island and Pennsylvania.

Safari Energy recently announced that the company’s 500 th developed or acquired project is a 2 MW solar system that Safari owns located at Chevron U.S.A. Inc.’s San Joaquin Valley Business Unit’s offices in Bakersfield, California. To date, Safari Energy has acquired 116 solar projects in 8 states nationwide, totaling more than 150 MW in capacity.

Examples of some of the solar projects Safari Energy acquired in the Greater Boston area from ECA Solar.

About Aspen Power

Aspen Power, LLC is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization. We partner with businesses, communities, and others in the industry to develop, construct, and operate renewable energy assets. Our experienced team is passionate about solving our clients’ energy challenges to deliver a sustainable future throughout the U.S. For more information, please visit aspenpower.com .

Safari Energy Media Contact

Darius Razgaitis

Executive Director, Marketing & Communications

212-935-2500

[email protected]

About ECA SOLAR, LLC

ECA SOLAR is an integrated engineering, development and installation firm that specializes in commercial and industrial solar PV systems. This includes Rooftop, Parking Canopy and Ground-mounted solar arrays. ECA SOLAR is the leading commercial rooftop solar installer in the Commonwealth of Massachusetts under Governor Baker’s SMART program and is rapidly expanding in the mid-Atlantic. For further information about our company please visit our website: http://www.ecasolar.com .

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Nuveen Partners with Safari Energy on Strategic Solar Portfolio

"Nuveen has set out an ambitious vision for decarbonizing one of the world's largest real estate portfolios, requiring renewable energy sources like on-site solar, which can contribute to asset value, while delivering on environmental objectives," says John Lind, Managing Director, Safari Energy. "At Safari Energy, we're using advanced technology for a more efficient and accurate deployment, delivering superior operational and financial results for Nuveen." A focus on energy reduction has been the bedrock of Nuveen's approach to sustainable real estate investment and management for well over a decade. In 2020, the firm was recognized by the U.S. Department of Energy as a Better Buildings Challenge Goal Achiever for outperforming its 10-year commitment to reduce portfolio-wide energy-use intensity by at least 2 percent annually, across its 30 million sq ft U.S. real estate portfolio. Additionally, in March 2021, the firm published its pathway to achieve net zero carbon across its real estate portfolio by 2040, ten years ahead of the Paris Agreement goals. "Having a partner like Safari Energy supports our objective to embed ESG considerations in our investment decisions and business plans, making progress toward our net zero carbon milestones," says Jessica Long, Head of Sustainability for U.S. Real Estate at Nuveen. "Our teams need to know quickly if there is an opportunity for solar during transaction underwriting and asset managers are looking for ways to engage potential tenants during lease negotiations. Safari provides us with the expertise and immediate feedback that is critical in the fast paced real estate investment process." Nuveen began working with Safari Energy in 2020, when more than 300 megawatts (MW) of solar potential was identified on its real property. Since then, Safari Energy has commenced two projects at Nuveen properties, including a rooftop solar system being built at an industrial facility in Nashville, TN, and a hybrid solar + battery storage system being added to a property in Redlands, CA. Safari Energy takes a strategic and systematic approach to solar development. An initial property screening is conducted by Safari Energy's proprietary artificial intelligence platform. This enables the team to identify ideal solar rooftop, parking lot, parking deck and ground mounted opportunities. Nuveen also has access to a bespoke technology platform that Safari Energy designed, integrating multiple systems, and keeping various teams in sync on tasks. Safari Energy works directly with Nuveen's asset managers and tenants to coordinate permits, construction schedules and project statuses. Safari Energy is part of PPL Corporation, one of the largest regulated utility companies in the U.S. Safari Energy has developed or acquired more than 500 commercial scale solar projects nationwide. Spanning 24 states and Washington, D.C., Safari Energy's projects have generated more than 618,000 megawatt-hours of electricity, or the equivalent of avoiding more than 437,000 metric tons of CO2 emissions.

Safari Energy, Sun Tribe flip the switch on 15 MW solar array in Pennsylvania

The new facility will be owned and operated by Safari Energy and will provide 100% of its power to the borough under a long-term PPA. The 86 acre system is expected to produce enough electricity to power over 2,600 homes which covers 10% of the borough’s annual electricity needs.

The Borough of Chambersburg is the largest of 35 municipal electric systems in Pennsylvania and is the only municipal electric system in the commonwealth to own and operate electric generating plants. Safari Energy, a PPL company, is a leading developer of solar power for commercial, industrial, and institutional customers nationwide. Vincent Sorgi, president and chief executive officer of PPL Corporation, delivered remarks at the event and was joined by leaders from PPL and Safari Energy.

Since 2008, Safari Energy has developed or acquired over 500 solar projects in 24 states and Washington, D.C. The company owns 120 solar projects in 9 states nationwide, totaling more than 170 MW of capacity.

The Borough of Chambersburg solar project was developed by Sun Tribe Development, one of the fastest growing clean energy companies in the Mid-Atlantic. The project is sited on land that is also home to an active shale mining operation. The effort to design, permit and construct a solar power plant on the site required close coordination with representatives from the borough, Hamilton Township, Franklin County, and the Pennsylvania Department of Environmental Protection.

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Solar Power World

Safari Energy

New York, NY Year Founded: 2008 safarienergy.com

Safari is a leading developer of commercial solar energy projects to REITs and large real estate owners. Safari has developed and built several hundred commercial-scale projects for large real estate and Fortune 500 customers across 22 states. We utilize our deep market experience in a client focused model, to develop solar projects that deliver superior financial value.

*Safari’s 2017 Top Solar Contractors installation numbers were updated after the list was released due to an application submission error. The company’s standing on the Top 500 list and all sub-lists have stayed the same as when the list was printed. 

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Safari Energy LLC

www.safarienergy.com

Total capacity of implemented projects

50 - 250 MW

Countries of projects presence

Safari Energy LLC is a leading renewable energy company based in the United States of America. The company specializes in the development, installation, and management of solar energy projects in various parts of the country. Safari Energy LLC is committed to providing sustainable energy solutions to its clients while minimizing their carbon footprint and reducing their energy costs.

Safari Energy LLC was founded in 2008 by Adam Ballin, a seasoned entrepreneur with a passion for renewable energy. The company started as a small startup in New York City, but it has since grown to become a major player in the renewable energy industry. Today, Safari Energy LLC has a team of over 100 professionals who are dedicated to providing innovative solar energy solutions to clients across the country.

The company's mission is to accelerate the transition to a clean energy future by providing cost-effective and reliable solar energy solutions. Safari Energy LLC believes that solar energy is the key to achieving a sustainable future and is committed to making it more accessible to businesses, institutions, and communities across the country.

Safari Energy LLC offers a range of services to its clients, including project development, financing, installation, and ongoing management and maintenance of solar energy systems. The company works with clients to design customized solar energy solutions that meet their specific energy needs and budget requirements. Safari Energy LLC also provides financing options to help clients overcome the upfront costs of installing solar energy systems.

The company's project development team works closely with clients to identify the most suitable locations for solar energy systems and to obtain the necessary permits and approvals. Safari Energy LLC has a proven track record of successfully developing solar energy projects in various parts of the country, including California, New York, New Jersey, and Massachusetts.

Safari Energy LLC's installation team comprises highly skilled and experienced professionals who ensure that solar energy systems are installed to the highest standards. The company uses the latest technology and equipment to ensure that solar energy systems are installed efficiently and safely. Safari Energy LLC also provides ongoing management and maintenance services to ensure that solar energy systems continue to operate at peak efficiency.

Safari Energy LLC has a diverse portfolio of solar energy projects, ranging from small rooftop systems to large-scale ground-mounted installations. The company has worked with a wide range of clients, including commercial and industrial businesses, non-profit organizations, and government agencies. Safari Energy LLC's clients include well-known brands such as Whole Foods Market, Target, and the United States Postal Service.

Safari Energy LLC is committed to sustainability and environmental stewardship. The company's solar energy systems help to reduce carbon emissions and promote a cleaner environment. Safari Energy LLC also uses sustainable business practices, such as recycling and reducing waste, to minimize its environmental impact.

In addition to its core business of developing and managing solar energy projects, Safari Energy LLC is also involved in community outreach and education. The company works with local communities to promote the benefits of solar energy and to encourage the adoption of renewable energy solutions. Safari Energy LLC also provides educational resources and training to help individuals and organizations understand the benefits of solar energy and how to implement it in their own lives.

Safari Energy LLC has received numerous awards and recognition for its work in the renewable energy industry. The company has been named one of the fastest-growing private companies in America by Inc. Magazine and has received the Solar Power World Top Solar Contractors award for several years in a row. Safari Energy LLC is also a certified B Corporation, which means that it meets rigorous standards of social and environmental performance, accountability, and transparency.

In conclusion, Safari Energy LLC is a leading renewable energy company that is committed to providing cost-effective and reliable solar energy solutions to businesses, institutions, and communities across the United States. The company's innovative approach to solar energy development, installation, and management has made it a trusted partner for clients across the country. Safari Energy LLC's commitment to sustainability and environmental stewardship has also made it a leader in the renewable energy industry.

The power you need. The versatility you desire.

Lion Energy Safari - our most powerful solar generator. With a 3,000W inverter and 1,612Wh LiFePO4 battery, you can use the Safari for any portable power need.

Safari - Power Generator (3,000W, 1,612Wh, LifePO4)

The Lion Safari is here to revolutionize your life with clean, limitless, and renewable energy like never before. This powerful unit has a zero carbon footprint during use, emits no greenhouse gases, and poses no harm to the environment. The Lion Safari is even safe for indoor adventures and as quiet as a lioness on the prowl.

Consider adding optional solar panels to harness the boundless power of the sun.

• FAST CHARGE TIME: Achieve a full wall-to-battery charge in just 2.3 hours and 5.3 hours with the Safari-XP!
• EXTENDED USE: With 3,500+ cycles, it’s built to last for daily, extended use.
• MULTIPLE OUTPUTS: Connect multiple devices via AC, USB, or 12V connections - the options are plentiful!
• EASY TO TRANSPORT: Carrying handles make transportation a breeze, at 57lbs and only 50lbs for the Safari-XP they’re easy to take with you anywhere.
• POWER TO SPARE: Unleash the beast with an initial 6,000W surge for those moments when you need that extra boost

LION SAFARI DEEP-DIVE VIDEO

SAFARI OUTPUTS

Multiple outputs allow you to charge virtually any device.

MORE POWER. MORE VERSATILITY.

The Lion Energy Safari comes with a 3,000W inverter and over 1,600Wh of power, giving you all the portable power you need.

SAVE BY BUNDLING

Create a great portable solar generator package. You can build your own with our largest portable generator—the Safari

Combine the Safari with our an Expansion Pack (XP), 1 to 6 - 24V 100W solar panels, 3 LED light string, military-spec EMP bags, etc so you can safe money and be ready for anything.

Safari Portable Power Station Kit

Starting at $1,699

Safari + XP Portable Power Station Kit

Starting at $2,998

Safari +2 XP Portable Power Station Kit

Starting at $4,297

GET A TAX REBATE OF UP TO 30%

With the Inflation Reduction Act, residential batteries with over 3,000Wh of power—like the Safari + XP—purchased in 2023 may qualify for the 30% federal tax credit, even if they aren’t attached to solar panels. This may allow you to save thousands and is a key to unlocking affordable, clean energy.

LION ENERGY SAFARI CAN CHARGE...

Keep your adventures going with all the power you need.

Standard Fridge 15 Hrs

CPAP 28 Hrs

Lights 354 Hrs

TAKE IT ANYWHERE YOU NEED POWER

• LONGER POWER
• FAST CHARGING

Plug in anything from power tools, mini-fridge, CPAP, TVs, power tools, blenders, laptops, drones, lamps, to cameras and phones. Keep projects going with all the power you need. The Lion Safari has the the perfect inverter size (3,000W) with an impressive 1,6121Wh lithium iron phoshate battery (expandable to 4,300 with the XP), allowing you to use your devices for the longest period of time.

• MEETS AIRLINE GUIDLINES
• LIGHT WEIGHT
• POWER LONGER

NO FOREIGN GOVERNMENT EXPOSURE

The concern of embedded espionage software from foreign governments continues to grow in the minds of the American public.

To combat this, Lion Energy designs and engineers all our software and firmware in the USA, eliminating the potential for infiltration by any foreign power.

You can be assured that Lion Energy software and products are safe from foreign influence and exposure.

SAFARI SPECIFICATIONS

Solar charge rate, ac charge rate.

BLUETOOTH COMPATIBLE

• Connect to the your Bluetooth enabled product from a distance through your mobile device.
• Monitor current energy capacity.
• See incoming and outgoing energy usage in real time.
• Search for Lion Energy Smart in your app store, or click on the app store links below to download now!

PRODUCT COMPARISON

Customer reviews.

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• air conditioner

Best Product Ever

Very useful to back up my essentials in the home including my air conditioner. I love the new safari.

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News Release

Aspen power partners announces $350 million investment from carlyle to fuel growth and acquisition strategy.

With the goal of reaching gigawatt scale by mid-decade, Aspen acquires Safari Energy from PPL Corporation 

DALLAS AND NEW YORK, November 3, 2022 – Aspen Power Partners LLC (“Aspen”) , a distributed generation platform with the mission of accelerating decarbonization, today announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG). The investment supports Aspen’s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial (“C&I”) solar and storage markets. To launch this strategy, Aspen has acquired Safari Energy, LLC (“Safari”) from PPL Corporation (NYSE: PPL) . 

The acquisition of Safari represents one of the industry’s largest distributed solar C&I transactions to date. Founded in 2008, Safari has acquired or developed more than 600 C&I solar projects nationwide. Spanning 24 states and Washington, D.C., Safari’s projects have generated more than 893,000 megawatt-hours of electricity, or the equivalent of avoiding more than 632,000 metric tons of CO2 emissions. Aspen has acquired Safari’s complete development platform including its 220 MW portfolio of operating and under-construction distributed generation solar assets. With Carlyle’s investment and the close of the Safari acquisition, Aspen is on track to achieve gigawatt scale by mid-decade. 

“At Carlyle, we believe investing in renewables includes investing across the value chain. This includes investing in not only large utility scale renewable energy assets, but also community solar and distributed generation more broadly,” said Pooja Goyal, Chief Investment Officer of Carlyle’s Infrastructure Group. “We are very excited about our partnership with Aspen and look forward to facilitating the growth of their business into a distributed generation platform of scale.”

“We are thrilled to support Aspen at this inflection point and believe the platform is well-positioned to benefit from the transformational shift we see in decarbonizing the economy,” said J.B. Oldenburg, Managing Director on the Renewable and Sustainable Energy team at Carlyle. “Our investment in Aspen is a commitment to accelerating the widespread accessibility and availability of solar and storage, which we believe is accretive to our portfolio by supporting this decade’s ambitious renewable energy and climate change targets.”

Combining Safari’s leading platform and assets with Aspen’s community solar portfolios and multifamily solar pipeline will create a diversified distributed generation independent power producer. Aspen will continue to support Safari’s solutions-oriented service model and expects to broaden the combined company’s flexibility to meet customers’ evolving needs within the traditionally underserved distributed generation market. The firm is positioned to provide innovative and flexible solutions to the rapidly growing solar and storage marketplace. 

“During this critical climate decade, as demand for solar, storage, and electric vehicle charging continues to expand, the Carlyle investment and Safari transaction provide a clear path forward for our team to execute a step-change in the scale of our impact,” said Jackson Lehr, Aspen Co-Founder and CFO. 

“We want to thank our existing investors Ultra Capital, Lombard Odier, Redball Ventures, and Two Seven Ventures for supporting our growth to date and welcome the Carlyle team as our partners for this next stage of growth,” said Jorge E. Vargas, Aspen Co-Founder and CEO. “We also welcome our newest teammates from Safari and look forward to all we can accomplish together in the months and years ahead.”

For more information about Aspen Power Partners, please visit aspenpower.com . For more information about Safari Energy, please visit safarienergy.com . 

ABOUT ASPEN POWER PARTNERS  Aspen Power Partners (Aspen) is a comprehensive distributed generation platform with the dual mission of accelerating and democratizing decarbonization. The firm develops, constructs and operates community, multifamily, and C&I solar and storage installations enabling consumers and businesses of all income levels to access clean renewable energy. The Aspen team is made up of seasoned professionals across the development, construction, project finance and asset management industry. Aspen is headquartered in Dallas, TX with locations throughout the U.S. For more information, please visit aspenpower.com .

ABOUT CARLYLE Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $376 billion of assets under management as of June 30, 2022, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,900 people in 26 offices across five continents.

ABOUT SAFARI ENERGY  Safari Energy, LLC, an Aspen Power Partners subsidiary, is the solar partner of choice for commercial and industrial customers, real estate owners, public sector organizations and solar developers seeking competitive financial solutions for their projects. Headquartered in New York City, Safari Energy has helped clients unlock enormous economic value and drive significant energy savings by developing hundreds of solar energy projects from Massachusetts to Hawaii. With extensive interdisciplinary expertise, Safari supports the growth of distributed energy resources while focusing on advancing a sustainable energy future. For more information, please visit safarienergy.com .

MEDIA CONTACTS  Carlyle  Brittany Berliner 212.813.4839 [email protected]

Aspen Power Partners  Alex Autry  [email protected]   

Release Summary

Aspen Power Partners LLC announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG).

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