Breakwall Capital LP reposted this
I’d like to share that RWE and Peabody have entered into a 5+GW partnership for the development of solar and storage. Beyond the initial 5GWs in IL and IN this relationship extends to all Peabody reclaimed mines globally. I’d like to thank the entire RWE team for supporting this transaction as well as Justin Burke (Peabody), Chris Wittenauer (Peabody/R3), Patrick Forkin (Peabody/R3), Daniel Flannery (Breakwall Capital), Patrick Murphy (Summit Capital Partners), and in particular the R3 team and John Jones for their dedication over the last several months. Several benefits to this partnership: - Creating significant rural economic development in jobs, taxes, local and domestic investment. - Continuing strong energy independence - Ability to help mitigate use of rural prime farm ag lands - Repurposing Brownfield sites for economic generation Thank you again to all involved in the transaction and in particular, I look forward to a prosperous relationship with Peabody Energy.