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Origis Energy Raises $100 Million in Growth Capital to Accelerate U.S. Solar Business

Origis Energy, a Miami based international solar development and construction firm with a photovoltaic (PV) portfolio of over 600 megawatts and Baltisse, the European private investment firm of Mr. Filip Balcaen, today announce the entry of Baltisse in the capital of Origis and Baltisse’s commitment to provide up to a total of $100 million in growth capital for Origis. Filip Balcaen becomes a member of the Origis Board. Baltisse had previously co-operated with Origis on solar projects of Origis in Europe and the U.S. via the contribution of project financing.  The capital comes at a pivotal time in the accelerating U.S. solar market.  The funding empowers Origis to strengthen its offerings to utilities and large scale corporate energy buyers seeking solar as a clean energy alternative for their power generation needs. Origis has developed more than 100 projects worldwide totaling 600+ megawatts to date of solar capacity. In the U.S., the company works with sector leaders including The Southern Company, Pacific Corp, a Berkshire Hathaway Company, Idaho Power, South Mississippi Electric Power Association and the City of Tallahassee, FL.  “The strength of our balance sheet as an independent power producer in the U.S. is a critical consideration for utility and corporate procurement executives,” said Guy Vanderhaegen, Chief Executive Officer of Origis Energy.  “We have crossed major milestones in our work for leading utilities in the U.S. This investment and the board guidance of Filip Balcaen makes Origis an even stronger partner to fulfill the solar objectives of large scale energy users in the U.S.”  Baltisse focuses on private equity and real estate investments. The firm’s target markets include industry, food and beverage, health care, energy and services. Following the 2015 sale of his flooring company, IVC Group, to Mohawk Industries, Filip Balcaen, became a shareholder and non-executive director on the board of Mohawk Industries, a U.S. based world leader in the floor-covering sector. His insights into the U.S. market come at an important juncture for Origis Energy.  “After successfully deploying our project financing, the Origis team has demonstrated a track record of solar industry excellence,” said Filip Balcaen, Executive Chairman, Baltisse. “Origis continues to improve their integrated offering for large scale energy buyers. We anticipate accelerated growth into these markets by the firm.”Baltisse executive chairman, Filip Balcaen, becomes Origis Board member

Origis Energy, a Miami based international solar development and construction firm with a photovoltaic (PV) portfolio of over 600 megawatts and Baltisse, the European private investment firm of Mr. Filip Balcaen, today announce the entry of Baltisse in the capital of Origis and Baltisse’s commitment to provide up to a total of $100 million in growth capital forOrigis. Filip Balcaen becomes a member of theOrigis Board. Baltisse had previously co-operated withOrigis on solar projects ofOrigis in Europe and the U.S. via the contribution of project financing.

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Sunshine State Voters Reject Anti-Solar Amendment 1

Multi-partisan grassroots coalition successfully leads a solar uprising to defeat $26 million utility-backed deceptive ballot measure

Multi-partisan grassroots coalition successfully leads a solar uprising to defeat $26 million utility-backed deceptive ballot measure

Today Florida voters rejected Amendment 1 – the utility-backed proposal that sought to limit the growth of customer-owned solar power in the Sunshine State.

In a true David and Goliath battle, a diverse grassroots coalition of more than 200 organizations, solar companies, elected officials, and thousands of concerned citizens worked to defeat the deceptive utility-backed amendment. Amendment 1 opponents feel that a significant percentage of the 'yes' voters felt they were tricked once they understood the true nature of the ballot measure. Constitutional amendments in Florida require 60 percent support to pass.

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Floridians for Solar Choice Criticizes Consumers for Smart Solar for Continuing to Run Ads featuring Florida Professional Firefighters

In what can only be described as brazen disregard for anything that resembles the truth, Florida’s big monopoly utilities continue to run a deceptive ad on television networks around the state featuring a firefighter even after the Florida Professional Firefighters have withdraw their endorsement from Amendment 1.

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Florida Solar Tweet Chat on Amendment 1 Reaches 1.1 Million Accounts

Solar advocates from across the country joined forces with Women 4 Solar and Southeast Green for what's been described as the fastest hour on Twitter. Women 4 Solar founder, Raina Russo, who is well known in the national solar circles for hosting #SolarChat for several years, alognside of Beth Bond of Southeast Green, put together a tweet chat that inlcuded state and national leaders to discuss the reasons why Amendment 1 is so bad for Florida consumers who support solar. How many people in Florida support solar? Roughly 80% plus of Floridians support solar according to organizers fighting Amendment 1.

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Floridians Want More Solar in the Sunshine State- Vote NO on Amendment 1

Vote #NoOn1

In this tense election season, some of the important ballot measures happening in states and cities nationwide might not have made it onto your radar, but there are some important ones to watch. One of the biggest fights is taking place in Florida, where anti-solar utilities have proposed a very tricky and confusing measure called Amendment 1, which appears to be pro-solar but would actually make solar power more expensive and harder for average people to install on their homes or businesses.

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Florida Professional Firefighters’ Withdrawal of Support for Amendment 1

This evening Florida Professional Firefighters issued this statement withdrawing their endorsement of Amendment #1:

The Florida Professional Firefighters have withdrawn our endorsement of Constitutional Amendment #1, Rights of Consumers Regarding Solar Energy Choice. Our support for the initiative was solely based on the proposed constitutional protection of local government’s right to regulate the safety of solar energy production. We continue to believe that fair and reasonable safeguards are vital to firefighter safety during fire/rescue operations on properties with multiple electricity sources and particularly retrofitted alternative energy sources such as solar power. As a member-driven organization, our leadership has communicated with hundreds, if not thousands, of firefighters over the last few weeks regarding their concerns with Amendment 1 and the real firefighter safety issues related to solar energy systems. It is clear to the elected Executive Board of this organization that our membership would prefer to pursue any future firefighter safety regulations related to the still developing alternative energy industry through legislative or rulemaking action, as opposed to a constitutional amendment that many believe to be misleading. We have requested that Consumers for Smart Solar stop broadcasting advertisements featuring firefighters and/or the logo of the Florida Professional Firefighters.

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