Power Factors Selected by CD Arevon as its Technical Asset Management Platform
Power Factors, LLC, a leading independent software and services provider for renewable energy, is pleased to announce that CD Arevon USA, Inc. (“CD Arevon”), has selected Power Factors for their renewable energy asset performance platform. CD Arevon, provides highly specialized asset management services for renewable energy investments and is an affiliate of Capital Dynamics. Capital Dynamics manages approximately USD 4.9 billionin its clean energy infrastructure business, and is currently the second largest owner of solar projects in the United States, managing five of the 15 largest US solar farms.
Gary Meyers, president of Power Factors said, “We are very honored that CD Arevon has selected Power Factors as their technology partner. It’s an exciting time for anybody involved in renewable energy, and now more than ever, selecting technical asset management solutions designed to address the challenges of modern operations is critical to maximizing the value of renewable power assets now and going forward. We intend to give CD Arevon an exceptional solution coupled with outstanding service, so they can deliver for their customers. We are thrilled and couldn’t be more motivated.”
“CD Arevon is committed to managing renewable energy projects,” said Justin Johnson, President of CD Arevon. “Our team conducted a rigorous evaluation of commercially available solutions, and Power Factors surpassed our expectations. Their deep expertise in the power and renewable markets is deeply embedded in their offering and provides us with unique and innovative capabilities.”