News & Events

News & Events

News & Events

News & Events

Geronimo Energy to Invest in More Community Solar with its Nordic Solar Portfolio

On February 21, 2017, Xcel Energy announced in a press release that seven community solar gardens, totaling 32 megawatts (MW), had entered operation under its Xcel Energy Solar*Rewards Community Program. All 32 MW were Geronimo-developed gardens and were part of a 96 MW portfolio of community solar gardens that Geronimo sold to BHE Renewables, a division of Berkshire Hathaway Energy.

Geronimo has since increased its investment in Minnesota community solar gardens by creating its Nordic Solar Portfolio, a collection of an additional 50+ community solar garden projects that Geronimo will develop, construct, own and operate.

 

The Nordic Solar Portfolio

Geronimo’s Minnesota foundation is made stronger through its Nordic Solar Portfolio, which will contribute millions in tax revenue, landowner payments and job creation to the local Minnesota economy, as well as will reduce hundreds of thousands of metric tons of carbon dioxide emissions.

“Geronimo Energy is proud to invest in our home state of Minnesota,” said Blake Nixon, Geronimo Energy President. “Community solar gardens are a win-win for Minnesotans. The subscriptions help to reduce electricity bills for subscribers, and the projects provide economic development to communities and clean power to the grid for constituents.”

Subscriptions are still available throughout many of the Portfolio’s community solar garden locations, and Geronimo is actively seeking subscriptions from corporations, non-profits, government entities, and educational institutions. The eligible subscriber locations for the Nordic Solar Portfolio encompass dozens of Minnesota counties, including the Twin Cities metro area, as well as the southwest, southeast and mid-state regions.

For more information about the Nordic Solar Portfolio, visit www.geronimoenergy.com/communitysolar.

Wind Energy: A Positive for Michigan Economy and Residents

Recently, two reports were issued regarding wind energy’s impact on the state of Michigan. The results indicate that the state’s economy and residents both benefit from the existing wind farms in the state.



University of Michigan Report

A report written by Dr. Sarah Mills of the Gerald R. Ford School of Public Policy at the University of Michigan included surveys completed by residents in ten Michigan townships that host operational wind farm projects (project turbine counts ranging from 6 to over 80). A summary of some of the questions posed and the associated responses is shown on the right.

Additionally, respondents were asked about certain local effects that resulted from hosting wind farms. Residents believe that wind farms have somewhat or greatly improved:
• Local schools (33%)
• Local roads (27%)
• Services provided by the township (22%)

 

Bridge Magazine Report

A second study performed by Bridge Magazine indicated that agricultural land “was the only property type in Michigan to have increased in overall value since 2008.” Amazingly, there appears to be a correlation between those counties with the greatest property value increases and those that host wind farms.

In interviews with Midwest Energy News, Liesl Eichler Clark, President of Michigan Energy Innovation Business Council and Stanley “Skip” Pruss, a Senior Fellow at 5 Lakes, commented on the report.

“’The counties that host the largest number of turbines by far — by far — have the largest increase in total taxable value of property in their jurisdictions,’” Pruss said. “Four counties that hosted the most wind turbines in 2014-2015,” he added, “saw more than $45 million directed to communities in those areas.”

“It’s phenomenal — this very starkly shows what we’ve been trying to say about wind’s impact,” said Clark.
The map results from the Bridge Magazine report and the known operating wind farms are presented on the map on the left.

 

New Renewable Energy Solution for Commercial & Industrial Customers: Renewable Energy Project Units (REP-Units)

In March, Geronimo Energy announced the release of its new commercial renewable energy purchasing solution, the Renewable Energy Project Units (“REP-Units”) Program. REP-Units are designed for commercial electricity customers who want a low-cost and simple solution to attain corporate sustainability goals.

Each REP-Unit offers 10 megawatts (MW), which is equivalent to approximately 40,000 megawatt hours (MWh), of a larger wind or solar project’s output. REP-Units are priced based on a portion of 100 MW of a renewable energy project, and as such, offer economies-of-scale benefits to customers who have smaller electricity needs. Every project offered in Geronimo’s REP-Unit Program is a new-build project that will be additive for commercial electricity customers and includes Green-e Certified Renewable Energy Credits (RECs). The shorter-term contracts for REP-Units are simplified, quick to execute, and customizable for each customer’s unique needs.

Hundreds of megawatts are available across the United States for customers to mix-and-match their REP-Unit purchases to align with their diversified locations and electricity usage. Geronimo welcomes multiple REP-Unit holders per project, and volume discounts are available for customers interested in purchasing multiple REP-Units.

“While sustainability goals are no doubt important to hundreds of commercial organizations, historically, purchasing renewable energy has presented barriers and undue risk for companies,” said David Reamer, Executive Vice President of Business Development for Geronimo Energy. “Our REP-Unit Program removes these barriers and risks by offering low price, shorter duration renewable energy contracts for projects in numerous locations across the country to align with customers’ electricity usage.”

To learn more about REP-Units, visit www.geronimoenergy.com/repunits.

Reading About Renewables

Did You Know? In 2016, more people were employed from solar energy than in generating electricity from coal, gas and oil combined. In a Forbes Magazine article dated January 25, 2017, solar energy was reported to employ 51% of the electric power generation sector’s workforce. Coal, gas and oil together accounted for only 26%.

Employee Spotlight: Jeff Ringblom

Jeff Ringblom is Geronimo’s Chief Financial Officer. Jeff brings over 15 years of experience in corporate finance and accounting. He has spent the majority of his career in renewable energy, where he has been instrumental in structuring the sales and negotiations of over 1,600 megawatts of renewable energy projects for Geronimo Energy. Prior to joining Geronimo, Jeff was at Deloitte & Touche, LLP, as well as St. Jude Medical, Inc. Jeff holds a degree in Accounting from the Carlson School of Management at the University of Minnesota. He is also a certified public accountant.

Jeff is originally from the Green Bay, Wisconsin area. He now resides in Chanhassen with his wife and two children. He enjoys golf, hunting and fishing. Jeff works in the renewable energy industry because not only is it a socially responsible career choice, but it is also an economically robust industry. Renewable energy represents a wise investment, and the growing industry provides numerous career opportunities.


Geronimo Energy to Invest in More Community Solar with its Nordic Solar Portfolio

On February 21, 2017, Xcel Energy announced in a press release that seven community solar gardens, totaling 32 megawatts (MW), had entered operation under its Xcel Energy Solar*Rewards Community Program. All 32 MW were Geronimo-developed gardens and were part of a 96 MW portfolio of community solar gardens that Geronimo sold to BHE Renewables, a division of Berkshire Hathaway Energy.

Geronimo has since increased its investment in Minnesota community solar gardens by creating its Nordic Solar Portfolio, a collection of an additional 50+ community solar garden projects that Geronimo will develop, construct, own and operate.

 

The Nordic Solar Portfolio

Geronimo’s Minnesota foundation is made stronger through its Nordic Solar Portfolio, which will contribute millions in tax revenue, landowner payments and job creation to the local Minnesota economy, as well as will reduce hundreds of thousands of metric tons of carbon dioxide emissions.

“Geronimo Energy is proud to invest in our home state of Minnesota,” said Blake Nixon, Geronimo Energy President. “Community solar gardens are a win-win for Minnesotans. The subscriptions help to reduce electricity bills for subscribers, and the projects provide economic development to communities and clean power to the grid for constituents.”

Subscriptions are still available throughout many of the Portfolio’s community solar garden locations, and Geronimo is actively seeking subscriptions from corporations, non-profits, government entities, and educational institutions. The eligible subscriber locations for the Nordic Solar Portfolio encompass dozens of Minnesota counties, including the Twin Cities metro area, as well as the southwest, southeast and mid-state regions.

For more information about the Nordic Solar Portfolio, visit www.geronimoenergy.com/communitysolar.

Wind Energy: A Positive for Michigan Economy and Residents

Recently, two reports were issued regarding wind energy’s impact on the state of Michigan. The results indicate that the state’s economy and residents both benefit from the existing wind farms in the state.



University of Michigan Report

A report written by Dr. Sarah Mills of the Gerald R. Ford School of Public Policy at the University of Michigan included surveys completed by residents in ten Michigan townships that host operational wind farm projects (project turbine counts ranging from 6 to over 80). A summary of some of the questions posed and the associated responses is shown on the right.

Additionally, respondents were asked about certain local effects that resulted from hosting wind farms. Residents believe that wind farms have somewhat or greatly improved:
• Local schools (33%)
• Local roads (27%)
• Services provided by the township (22%)

 

Bridge Magazine Report

A second study performed by Bridge Magazine indicated that agricultural land “was the only property type in Michigan to have increased in overall value since 2008.” Amazingly, there appears to be a correlation between those counties with the greatest property value increases and those that host wind farms.

In interviews with Midwest Energy News, Liesl Eichler Clark, President of Michigan Energy Innovation Business Council and Stanley “Skip” Pruss, a Senior Fellow at 5 Lakes, commented on the report.

“’The counties that host the largest number of turbines by far — by far — have the largest increase in total taxable value of property in their jurisdictions,’” Pruss said. “Four counties that hosted the most wind turbines in 2014-2015,” he added, “saw more than $45 million directed to communities in those areas.”

“It’s phenomenal — this very starkly shows what we’ve been trying to say about wind’s impact,” said Clark.
The map results from the Bridge Magazine report and the known operating wind farms are presented on the map on the left.

 

New Renewable Energy Solution for Commercial & Industrial Customers: Renewable Energy Project Units (REP-Units)

In March, Geronimo Energy announced the release of its new commercial renewable energy purchasing solution, the Renewable Energy Project Units (“REP-Units”) Program. REP-Units are designed for commercial electricity customers who want a low-cost and simple solution to attain corporate sustainability goals.

Each REP-Unit offers 10 megawatts (MW), which is equivalent to approximately 40,000 megawatt hours (MWh), of a larger wind or solar project’s output. REP-Units are priced based on a portion of 100 MW of a renewable energy project, and as such, offer economies-of-scale benefits to customers who have smaller electricity needs. Every project offered in Geronimo’s REP-Unit Program is a new-build project that will be additive for commercial electricity customers and includes Green-e Certified Renewable Energy Credits (RECs). The shorter-term contracts for REP-Units are simplified, quick to execute, and customizable for each customer’s unique needs.

Hundreds of megawatts are available across the United States for customers to mix-and-match their REP-Unit purchases to align with their diversified locations and electricity usage. Geronimo welcomes multiple REP-Unit holders per project, and volume discounts are available for customers interested in purchasing multiple REP-Units.

“While sustainability goals are no doubt important to hundreds of commercial organizations, historically, purchasing renewable energy has presented barriers and undue risk for companies,” said David Reamer, Executive Vice President of Business Development for Geronimo Energy. “Our REP-Unit Program removes these barriers and risks by offering low price, shorter duration renewable energy contracts for projects in numerous locations across the country to align with customers’ electricity usage.”

To learn more about REP-Units, visit www.geronimoenergy.com/repunits.

Reading About Renewables

Did You Know? In 2016, more people were employed from solar energy than in generating electricity from coal, gas and oil combined. In a Forbes Magazine article dated January 25, 2017, solar energy was reported to employ 51% of the electric power generation sector’s workforce. Coal, gas and oil together accounted for only 26%.

Employee Spotlight: Jeff Ringblom

Jeff Ringblom is Geronimo’s Chief Financial Officer. Jeff brings over 15 years of experience in corporate finance and accounting. He has spent the majority of his career in renewable energy, where he has been instrumental in structuring the sales and negotiations of over 1,600 megawatts of renewable energy projects for Geronimo Energy. Prior to joining Geronimo, Jeff was at Deloitte & Touche, LLP, as well as St. Jude Medical, Inc. Jeff holds a degree in Accounting from the Carlson School of Management at the University of Minnesota. He is also a certified public accountant.

Jeff is originally from the Green Bay, Wisconsin area. He now resides in Chanhassen with his wife and two children. He enjoys golf, hunting and fishing. Jeff works in the renewable energy industry because not only is it a socially responsible career choice, but it is also an economically robust industry. Renewable energy represents a wise investment, and the growing industry provides numerous career opportunities.


Geronimo Energy to Invest in More Community Solar with its Nordic Solar Portfolio

On February 21, 2017, Xcel Energy announced in a press release that seven community solar gardens, totaling 32 megawatts (MW), had entered operation under its Xcel Energy Solar*Rewards Community Program. All 32 MW were Geronimo-developed gardens and were part of a 96 MW portfolio of community solar gardens that Geronimo sold to BHE Renewables, a division of Berkshire Hathaway Energy.

Geronimo has since increased its investment in Minnesota community solar gardens by creating its Nordic Solar Portfolio, a collection of an additional 50+ community solar garden projects that Geronimo will develop, construct, own and operate.

 

The Nordic Solar Portfolio

Geronimo’s Minnesota foundation is made stronger through its Nordic Solar Portfolio, which will contribute millions in tax revenue, landowner payments and job creation to the local Minnesota economy, as well as will reduce hundreds of thousands of metric tons of carbon dioxide emissions.

“Geronimo Energy is proud to invest in our home state of Minnesota,” said Blake Nixon, Geronimo Energy President. “Community solar gardens are a win-win for Minnesotans. The subscriptions help to reduce electricity bills for subscribers, and the projects provide economic development to communities and clean power to the grid for constituents.”

Subscriptions are still available throughout many of the Portfolio’s community solar garden locations, and Geronimo is actively seeking subscriptions from corporations, non-profits, government entities, and educational institutions. The eligible subscriber locations for the Nordic Solar Portfolio encompass dozens of Minnesota counties, including the Twin Cities metro area, as well as the southwest, southeast and mid-state regions.

For more information about the Nordic Solar Portfolio, visit www.geronimoenergy.com/communitysolar.

Wind Energy: A Positive for Michigan Economy and Residents

Recently, two reports were issued regarding wind energy’s impact on the state of Michigan. The results indicate that the state’s economy and residents both benefit from the existing wind farms in the state.



University of Michigan Report

A report written by Dr. Sarah Mills of the Gerald R. Ford School of Public Policy at the University of Michigan included surveys completed by residents in ten Michigan townships that host operational wind farm projects (project turbine counts ranging from 6 to over 80). A summary of some of the questions posed and the associated responses is shown on the right.

Additionally, respondents were asked about certain local effects that resulted from hosting wind farms. Residents believe that wind farms have somewhat or greatly improved:
• Local schools (33%)
• Local roads (27%)
• Services provided by the township (22%)

 

Bridge Magazine Report

A second study performed by Bridge Magazine indicated that agricultural land “was the only property type in Michigan to have increased in overall value since 2008.” Amazingly, there appears to be a correlation between those counties with the greatest property value increases and those that host wind farms.

In interviews with Midwest Energy News, Liesl Eichler Clark, President of Michigan Energy Innovation Business Council and Stanley “Skip” Pruss, a Senior Fellow at 5 Lakes, commented on the report.

“’The counties that host the largest number of turbines by far — by far — have the largest increase in total taxable value of property in their jurisdictions,’” Pruss said. “Four counties that hosted the most wind turbines in 2014-2015,” he added, “saw more than $45 million directed to communities in those areas.”

“It’s phenomenal — this very starkly shows what we’ve been trying to say about wind’s impact,” said Clark.
The map results from the Bridge Magazine report and the known operating wind farms are presented on the map on the left.

 

New Renewable Energy Solution for Commercial & Industrial Customers: Renewable Energy Project Units (REP-Units)

In March, Geronimo Energy announced the release of its new commercial renewable energy purchasing solution, the Renewable Energy Project Units (“REP-Units”) Program. REP-Units are designed for commercial electricity customers who want a low-cost and simple solution to attain corporate sustainability goals.

Each REP-Unit offers 10 megawatts (MW), which is equivalent to approximately 40,000 megawatt hours (MWh), of a larger wind or solar project’s output. REP-Units are priced based on a portion of 100 MW of a renewable energy project, and as such, offer economies-of-scale benefits to customers who have smaller electricity needs. Every project offered in Geronimo’s REP-Unit Program is a new-build project that will be additive for commercial electricity customers and includes Green-e Certified Renewable Energy Credits (RECs). The shorter-term contracts for REP-Units are simplified, quick to execute, and customizable for each customer’s unique needs.

Hundreds of megawatts are available across the United States for customers to mix-and-match their REP-Unit purchases to align with their diversified locations and electricity usage. Geronimo welcomes multiple REP-Unit holders per project, and volume discounts are available for customers interested in purchasing multiple REP-Units.

“While sustainability goals are no doubt important to hundreds of commercial organizations, historically, purchasing renewable energy has presented barriers and undue risk for companies,” said David Reamer, Executive Vice President of Business Development for Geronimo Energy. “Our REP-Unit Program removes these barriers and risks by offering low price, shorter duration renewable energy contracts for projects in numerous locations across the country to align with customers’ electricity usage.”

To learn more about REP-Units, visit www.geronimoenergy.com/repunits.

Reading About Renewables

Did You Know? In 2016, more people were employed from solar energy than in generating electricity from coal, gas and oil combined. In a Forbes Magazine article dated January 25, 2017, solar energy was reported to employ 51% of the electric power generation sector’s workforce. Coal, gas and oil together accounted for only 26%.

Employee Spotlight: Jeff Ringblom

Jeff Ringblom is Geronimo’s Chief Financial Officer. Jeff brings over 15 years of experience in corporate finance and accounting. He has spent the majority of his career in renewable energy, where he has been instrumental in structuring the sales and negotiations of over 1,600 megawatts of renewable energy projects for Geronimo Energy. Prior to joining Geronimo, Jeff was at Deloitte & Touche, LLP, as well as St. Jude Medical, Inc. Jeff holds a degree in Accounting from the Carlson School of Management at the University of Minnesota. He is also a certified public accountant.

Jeff is originally from the Green Bay, Wisconsin area. He now resides in Chanhassen with his wife and two children. He enjoys golf, hunting and fishing. Jeff works in the renewable energy industry because not only is it a socially responsible career choice, but it is also an economically robust industry. Renewable energy represents a wise investment, and the growing industry provides numerous career opportunities.


Geronimo Energy to Invest in More Community Solar with its Nordic Solar Portfolio

On February 21, 2017, Xcel Energy announced in a press release that seven community solar gardens, totaling 32 megawatts (MW), had entered operation under its Xcel Energy Solar*Rewards Community Program. All 32 MW were Geronimo-developed gardens and were part of a 96 MW portfolio of community solar gardens that Geronimo sold to BHE Renewables, a division of Berkshire Hathaway Energy.

Geronimo has since increased its investment in Minnesota community solar gardens by creating its Nordic Solar Portfolio, a collection of an additional 50+ community solar garden projects that Geronimo will develop, construct, own and operate.

 

The Nordic Solar Portfolio

Geronimo’s Minnesota foundation is made stronger through its Nordic Solar Portfolio, which will contribute millions in tax revenue, landowner payments and job creation to the local Minnesota economy, as well as will reduce hundreds of thousands of metric tons of carbon dioxide emissions.

“Geronimo Energy is proud to invest in our home state of Minnesota,” said Blake Nixon, Geronimo Energy President. “Community solar gardens are a win-win for Minnesotans. The subscriptions help to reduce electricity bills for subscribers, and the projects provide economic development to communities and clean power to the grid for constituents.”

Subscriptions are still available throughout many of the Portfolio’s community solar garden locations, and Geronimo is actively seeking subscriptions from corporations, non-profits, government entities, and educational institutions. The eligible subscriber locations for the Nordic Solar Portfolio encompass dozens of Minnesota counties, including the Twin Cities metro area, as well as the southwest, southeast and mid-state regions.

For more information about the Nordic Solar Portfolio, visit www.geronimoenergy.com/communitysolar.

Wind Energy: A Positive for Michigan Economy and Residents

Recently, two reports were issued regarding wind energy’s impact on the state of Michigan. The results indicate that the state’s economy and residents both benefit from the existing wind farms in the state.



University of Michigan Report

A report written by Dr. Sarah Mills of the Gerald R. Ford School of Public Policy at the University of Michigan included surveys completed by residents in ten Michigan townships that host operational wind farm projects (project turbine counts ranging from 6 to over 80). A summary of some of the questions posed and the associated responses is shown on the right.

Additionally, respondents were asked about certain local effects that resulted from hosting wind farms. Residents believe that wind farms have somewhat or greatly improved:
• Local schools (33%)
• Local roads (27%)
• Services provided by the township (22%)

 

Bridge Magazine Report

A second study performed by Bridge Magazine indicated that agricultural land “was the only property type in Michigan to have increased in overall value since 2008.” Amazingly, there appears to be a correlation between those counties with the greatest property value increases and those that host wind farms.

In interviews with Midwest Energy News, Liesl Eichler Clark, President of Michigan Energy Innovation Business Council and Stanley “Skip” Pruss, a Senior Fellow at 5 Lakes, commented on the report.

“’The counties that host the largest number of turbines by far — by far — have the largest increase in total taxable value of property in their jurisdictions,’” Pruss said. “Four counties that hosted the most wind turbines in 2014-2015,” he added, “saw more than $45 million directed to communities in those areas.”

“It’s phenomenal — this very starkly shows what we’ve been trying to say about wind’s impact,” said Clark.
The map results from the Bridge Magazine report and the known operating wind farms are presented on the map on the left.

 

New Renewable Energy Solution for Commercial & Industrial Customers: Renewable Energy Project Units (REP-Units)

In March, Geronimo Energy announced the release of its new commercial renewable energy purchasing solution, the Renewable Energy Project Units (“REP-Units”) Program. REP-Units are designed for commercial electricity customers who want a low-cost and simple solution to attain corporate sustainability goals.

Each REP-Unit offers 10 megawatts (MW), which is equivalent to approximately 40,000 megawatt hours (MWh), of a larger wind or solar project’s output. REP-Units are priced based on a portion of 100 MW of a renewable energy project, and as such, offer economies-of-scale benefits to customers who have smaller electricity needs. Every project offered in Geronimo’s REP-Unit Program is a new-build project that will be additive for commercial electricity customers and includes Green-e Certified Renewable Energy Credits (RECs). The shorter-term contracts for REP-Units are simplified, quick to execute, and customizable for each customer’s unique needs.

Hundreds of megawatts are available across the United States for customers to mix-and-match their REP-Unit purchases to align with their diversified locations and electricity usage. Geronimo welcomes multiple REP-Unit holders per project, and volume discounts are available for customers interested in purchasing multiple REP-Units.

“While sustainability goals are no doubt important to hundreds of commercial organizations, historically, purchasing renewable energy has presented barriers and undue risk for companies,” said David Reamer, Executive Vice President of Business Development for Geronimo Energy. “Our REP-Unit Program removes these barriers and risks by offering low price, shorter duration renewable energy contracts for projects in numerous locations across the country to align with customers’ electricity usage.”

To learn more about REP-Units, visit www.geronimoenergy.com/repunits.

Reading About Renewables

Did You Know? In 2016, more people were employed from solar energy than in generating electricity from coal, gas and oil combined. In a Forbes Magazine article dated January 25, 2017, solar energy was reported to employ 51% of the electric power generation sector’s workforce. Coal, gas and oil together accounted for only 26%.

Employee Spotlight: Jeff Ringblom

Jeff Ringblom is Geronimo’s Chief Financial Officer. Jeff brings over 15 years of experience in corporate finance and accounting. He has spent the majority of his career in renewable energy, where he has been instrumental in structuring the sales and negotiations of over 1,600 megawatts of renewable energy projects for Geronimo Energy. Prior to joining Geronimo, Jeff was at Deloitte & Touche, LLP, as well as St. Jude Medical, Inc. Jeff holds a degree in Accounting from the Carlson School of Management at the University of Minnesota. He is also a certified public accountant.

Jeff is originally from the Green Bay, Wisconsin area. He now resides in Chanhassen with his wife and two children. He enjoys golf, hunting and fishing. Jeff works in the renewable energy industry because not only is it a socially responsible career choice, but it is also an economically robust industry. Renewable energy represents a wise investment, and the growing industry provides numerous career opportunities.