CIG Companies has a strong desire to create sustainable, long-lasting, and environmentally friendly projects. CIG has a sustainable energy goal of having a minimum of 5GW of solar power and up to 20GW in its portfolio by 2032.

To achieve this, CIG is actively working with our team and our partners to acquire, develop, and fund sustainable energy projects. CIG Energy believes Utility Solar is a perfect addition of energy sources that can help the United States to become energy independent.

CIG Solar is the focus of the endeavor. Utility Solar has become the most efficient new IPP (Independent Power Provider) source of electricity. Most don’t know the value of Utility Solar:

1. Utility Solar is the lowest cost new energy source
2. Texas has the most Utility Solar than any other state in the United States and has helped to keep and lower Texans Utility bills
3. Utility Solar is the fastest development to operation source of scalable energy source available
4. Utility Solar isn’t a new technology. It has been around since the 1960’s.
5. The Credit Agencies consider Utility Solar to be the most reliable and safest investment for investment grade sustainable energy.
6. All areas can utilize Utility Solar (just like other sources of energy some areas are better than others)
7. Utility Solar is considered green energy
8. Life expectancy for Utility Solar is over 40+ years
9. Utility Solar doesn’t take up as much space as some skeptics state. To power 40% of the United States Grid by using Utility Solar (which is exactly the amount of Utility Solar we would need) it would only take up 10% of Texas land.

It would take over four terawatts (equivalent to 4,000,000 megawatts) of power from sustainable sources to power the entire United States. This would require over 22,000 square miles of solar farms, which is roughly the comparative size of Connecticut, Delaware, Hawaii, New Jersey, and Rhode Island combined. The U.S. Department of Energy (DOE) produced a report that models one path to achieving 95% clean energy by 2035, and 100% clean energy by 2050. According to the DOE, to achieve this goal, “the U.S. will have to double its yearly solar installations by 2025,” and then, “. . .ramp-up to 60GW per year until 2050.” The following year, the U.S. only installed 26GW of solar capacity. Which is only a total of 130GW of developed solar in the United States. CIG is one of many groups that will usher the large utility solar farms in the US in order to help reach the USA’s goal of having 95% clean energy.

The financial market has begun embracing the need for sustainable energy sources, and CIG sees the opportunity to effectuate change and be a part of the overall solution. CIG is doing so by de-risking utility solar projects in a manner where projects become “stand-alone” (no credit wraps or co-signers) investment-grade bonds. This method opens the door for many other types of investors to purchase CIG’s investment-grade note issuances of fixed and floating bonds for its projects. With CIG Sustainable’s 100% project development and funding model, we work with our funds, investment bankers and placement distribution desks to provide almost all the layers of the capital stack, including the late development funds, the bridge, the mezzanine, the construction, the equity and quasi-equity, and the short-term and permanent funding.

Below is a list of our current pipeline of 8 Solar projects. CIG is currently working to add 5GW of additional utility solar projects, which would give CIG a total of 6.8+ GW of sustainable power in its portfolio.