ASPEN RENEWABLE INVESTMENTS, L.L.C.

Thesis

Aspen Renewable Investments, L.L.C. is an investment adviser focused on private funds that invest in renewable energy assets. The firm operates as a Limited Liability Company, legally domiciled in Delaware, United States, with its principal office located in New York, New York. Aspen Renewable Investments' core strategy revolves around investing in renewable energy assets. The firm provides discretionary investment advisory services to private funds that are offered to qualified investors in the United States and internationally. The firm's investment advice and authority are tailored to each fund's specific investment objectives as outlined in their governing documents. As of December 31, 2025, Aspen Renewable Investments, L.L.C. had $868 million in regulatory assets under management (AUM). News reports indicate that Aspen Power, a distributed generation platform, has been active in acquiring solar portfolios. For example, Aspen Power acquired the first two projects of an 18-MWdc solar portfolio in upstate New York from CTEC Solar. In another instance, Aspen Power secured a $200 million capital commitment from Deutsche Bank to advance its solar and storage portfolio. Additionally, Aspen Power, Basis Climate, and Excelsior Energy Capital announced a tax capital commitment for a 30-project community solar portfolio across multiple states. Aspen Power has a portfolio of over 600 projects as an independent power producer.