A new Denver renewable energy startup aims to develop large-scale projects, focusing first on building solar power where it can repurpose coal mine, utility properties or other land that’s been used in fossil fuels. Major investment funds with ties to energy have backed Redeux Energy Partners, and it’s led from...

Redeux Energy Partners, a developer of utility-scale, clean energy projects, today unveiled additional details about its capital backing, operations and plans to develop gigawatts of renewable energy and storage assets. The funding was closed in late 2020, led by a combination of Cathexis Holdings and Thoroughbred Holdings. The Company’s uses of the funding include the continued development of over a gigawatt of projects, land acquisition, interconnection filings, co-development partnerships, project acquisitions and continued expansion of its platform.

US renewables developer Redeux Energy Partners is on track to build a 2GW pipeline of utility-scale solar and storage projects in the next 12 to 18 months after securing funding.

Founded last year, the Colorado-based company is carrying out a multi-state renewables development plan and expects the first projects from its portfolio to be operational between 2024 and 2026. Its current focus is on installations in areas covered by the Electric Reliability Council of Texas (ERCOT) and the Midcontinent Independent System Operator (MISO).

its capital backing, operations and plans to develop gigawatts of renewable energy and storage assets. The funding was closed in late 2020, led by a combination of Cathexis Holdings and Thoroughbred Holdings. The company’s uses of the funding include the continued development of over a gigawatt of projects, land acquisition, interconnection filings, co- development partnerships, project acquisitions and continued expansion of its platform.