According to Matinee, The Industrial Company (TIC), a construction organization and a division of Peter Kiewit & Sons based in Colorado, and other construction and technology companies located in the US, will join in supporting the partnership and provide their specific services and resources.
The company said that this alliance is expected to help deliver products and systems along with local community impact, local employment, and long term service. Matinee is targeting utility scale solar energy plants in excess of 900MW primarily in the Southwest US.
Michael Pannos, chairman of Matinee, said: “We are excited by the unprecedented synergy that is attainable by bringing together high quality solar solutions, world-class construction, financial strength, localized green energy solutions, and infrastructure-based services.
“This announcement combined with the engagement of JP Morgan Securities to help with the Permanent Project Finance segment of the project, has finalized Matinee’s total financing solutions for those projects. This strategic alliances gives Matinee the ability to reach economies of scale in both solar and wind turbine energy projects.”
Chin Kim, CEO of Green Power Management who is responsible for selecting and managing engineering, procurement and construction contractors for Matinee, said: “We are sharing our expertise with the world-class competencies that are not readily obtainable and scarce in the home market and we rely upon highly efficient technologies to develop world class green energy solutions for our planet’s needs.”
