Timeline 2018-10-22T16:02:10+00:00
2012

2012

2012

Monarch Private Capital begins providing state tax credit equity in North Carolina for renewable energy projects.

2015

2015

2015

Monarch Private Capital has over 1/3 of the North Carolina renewable energy state tax equity market as a result of having invested in over 550 MW of renewable energy facilities as the North Carolina credit sunsets.

2016

Early 2016

Early 2016

Desiring continuity in the renewable energy market, Monarch begins reviewing opportunities to develop solar energy projects.

2016

August 2016

August 2016

Alchemy Renewable Energy is formed to finance, develop, own and operate renewable energy projects.

2016

November 2016

November 2016

Alchemy Renewable Energy partners with ReNew Petra to build projects and ARE RP Ventures, LLC is formed.

2016

December 2016

December 2016

ARE welcomes its first 2 projects into service – Hwy 42 Aulander Solar Farm (7 MWdc) and Railroad Solar Farm (5.4 MWdc).

2017

2017

2017

ARE brings 8 additional projects online across 3 states and establishes a $105MM balance sheet.

Helping create clean power by investing in and attracting investors to renewable energy projects.