Valor Infrastructure Partners Sells Development-stage Projects to Pedal Steel Solar
Pedal Steel Solar LLC, a subsidiary of Runway Group, has successfully acquired two standalone energy storage projects from Valor Infrastructure Partners, marking a strategic move to enhance clean energy capacity in the Heartland. The projects, located in Michigan’s Ostego County and Kentucky’s Caldwell County within the MISO market, are poised to store and dispatch up to 800 MWh of energy each.
Strengthening Clean Energy Infrastructure
John Bridge, founder, and CEO of Pedal Steel, expressed enthusiasm about the collaboration with VIP, emphasizing its significance not only for the assets but also for fostering a strategic partnership. The acquisition aligns with Pedal Steel’s mission to contribute to the energy economy through large-scale solar and storage initiatives, catering specifically to the Heartland states.
Development Strategy and Community Impact
Mike Weich, CEO of VIP, highlighted the organization’s pride in supporting Pedal Steel’s growth by providing strategically located, high-quality assets. The development strategy, backed by VIP’s commercial and development organizations, aims to efficiently site projects. The acquired energy storage projects are anticipated to serve as positive additions to the local communities.
About Pedal Steel Solar LLC
Pedal Steel Solar, a key player in the energy sector and a subsidiary of Runway Group, operates as a developer, owner, and operator of large-scale solar and storage projects. Headquartered in Bentonville, Arkansas, the company focuses on advancing the energy economy in the Heartland states, contributing to infrastructure growth, economic development, and national energy resilience.
About Valor Infrastructure Partners, LLC
Established in 2022, Valor Infrastructure Partners (VIP) is a renewable energy company with a mission to develop impactful solar, wind, and energy storage projects. Headquartered in Palm Beach Gardens, Florida, VIP is led by industry veterans and financially supported by Pelion Green Future, a global clean energy investor. VIP is actively prospecting for renewable energy projects across the United States.
Source：prnewswire.com
