RAI Energy

RAI Energy is a Silicon Valley-based national renewable energy development company with a proven track record of developing more than 750 MW of utility-scale and distributed generation solar and energy storage. Founded in 2016, the company is focused on developing utility-scale renewable energy projects from beginning to end, including the successful Vikings Energy Farm, a solar-plus-storage hybrid plant under construction near Holtville, Imperial County, California. In 2021, RAI Energy and San Diego Community Power (SDCP) entered into a Power Purchase Agreement for the project to supply SDCP with 20-years of renewable energy, paired with four hours of battery electricity. The project is now under construction. RAI Energy has brought several additional large-scale solar projects online, including the Seville Solar Farm, a 50 MW solar PV project in Imperial Valley, California, that went into operation in December 2016. The company has a robust portfolio of nearly 4 GW solar and energy storage projects under development in Arizona, California, and New Mexico. The latest investment, a Debt Financing investment, was made on 27 June 2023, with Leyline Renewable Capital as the investor. RAI Energy's slogan, "Leading the Way for a Sustainable Zero-Carbon Future," aptly summarizes its mission to provide reliable, affordable, profitable zero and low-carbon energy solutions, and serve as a trusted navigator for all smart energy project stakeholders, leading the U.S. into a sustainable energy future. For more information on RAI Energy, please visit their website at www.raienergy.com.