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Tag: Sustainability Partners​

  • Ecofin Taps Sustainability Partners to Manage U.S. Utility-Scale Wind and Solar Assets

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    CHANDLER, Ariz., May 15, 2025 (Newswire.com)
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    Sustainability Partners (SP), a Public Benefit Company dedicated to advancing sustainable infrastructure, announced today that it will provide day-to-day operational management for Ecofin U.S. Renewables Infrastructure Trust PLC (RNEW), a London Stock Exchange-listed investment company that owns and operates a diversified portfolio of utility-scale renewable energy assets.

    Under this appointment, SP will manage RNEW’s daily business operations and oversee the management of renewable energy assets. This includes supervising operations and maintenance (O&M) managers, coordinating with asset management service providers, and ensuring optimal performance of assets throughout the portfolio.

    With a proven track record in managing infrastructure assets, SP brings the expertise needed to keep RNEW’s portfolio operating with maximum uptime and optimized performance. The portfolio includes the following utility-scale operating assets, all of which operate under fixed-price power purchase agreements (PPAs) with investment-grade electric utilities:

    • Whirlwind Wind Farm (Texas): A 59.8 MW wind project, comprising 26 turbines and associated infrastructure.

    • Beacon Portfolio (California): Two solar projects totaling 107.8 MWdc1 – Beacon II (59.6 MWdc) and Beacon V (48.2 MWdc).

    “Partnering with RNEW underscores our commitment to building the infrastructure backbone of a cleaner energy future. We look forward to leveraging our expertise to ensure long-term value and reliability across utility-scale renewable energy assets,” said John Veech, CEO of SP.

    About Sustainability Partners

    Sustainability Partners (SP) is a Public Benefit Company that facilitates funding, deployment, and ongoing care of essential infrastructure to help municipalities, universities, schools, and hospitals meet their needs. SP can help solve any combination of funding, design, engineering, procurement, installation, and maintenance of essential infrastructure with no upfront costs. Like a utility, SP charges a monthly usage fee based on a month-to-month agreement. Its goal is to establish long-term relationships with its customers and ensure its infrastructure remains safe, reliable, and improving forever.

    Learn more about Sustainability Partners.

    Source: Sustainability Partners

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  • Sustainability Partners Provides Communities Cost-Effective Solutions for Athletic Facility Upgrades

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    CHANDLER, Ariz., February 27, 2025 (Newswire.com)
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    Sustainability Partners (SP), a Public Benefit Company dedicated to revolutionizing essential infrastructure funding, deployment, and maintenance, is helping communities nationwide upgrade their sports infrastructure, making high-quality athletic fields more accessible. Through Infrastructure as a Service® (IaaS), SP enables communities, schools, and universities to modernize their sports facilities with state-of-the-art artificial turf, LED lighting, and sustainable field enhancements without upfront capital investment.

    “Our mission is simple,” said John Veech, CEO of SP. “We believe kids and communities deserve high-quality athletic fields without financial roadblocks. With Infrastructure as a Service®, we help schools and municipalities modernize facilities while providing a safe and engaging space for the next generation.”

    SP eliminates financial barriers that often prevent communities from upgrading outdated and unsafe sports infrastructure by providing a flexible, month-to-month funding model, similar to a utility. This model also shields communities from unexpected repair costs, promotes long-term reliability, and ensures that children and communities have access to robustly engineered, environmentally friendly athletic fields that encourage engagement, conserve water, and lower maintenance expenses.

    Through Infrastructure as a Service®, SP helps communities achieve key benefits, including:

    • Conserving Water: Artificial turf fields eliminate the need for irrigation, saving millions of gallons of water annually, which is critical in drought-prone regions.

    • Lowering Maintenance Costs: Unlike traditional grass fields, turf requires minimal upkeep, reducing long-term operational expenses.

    • Environmental Responsibility: Advanced LED lighting systems significantly cut energy usage while reducing light pollution, creating safer and more sustainable playing environments.

    • Expanding Access to Sports: Modernized fields extend playtime, support community events, and enhance local economies by attracting tournaments and sports programming.

    SP has successfully upgraded athletic fields in communities across the U.S., including:

    • Crowley, Louisiana – Modernized nine fields at historic Miller Stadium, including new turf, LED lighting, fencing, and remote-controlled field components.

    • Lafayette Christian Academy – Delivered a cutting-edge artificial turf football field and LED lighting, supporting championship-winning teams.

    • Scott, Louisiana – Helped bring the city’s vision to life by developing a state-of-the-art sports complex with nine new fields, LED lighting, and modern amenities – boosting tourism, driving economic growth, and creating a premier destination for youth sports and community events.

    SP’s Infrastructure as a Service® model ensures that schools, parks, and municipalities gain access to high-performance sports facilities without worrying about upfront costs, long-term debt, or unpredictable maintenance expenses. The outcome? More playtime, safer fields, and an affordable way to build a lasting community impact.

    About Sustainability Partners

    Sustainability Partners (SP) is a Public Benefit Company that facilitates funding, deployment, and ongoing care of essential infrastructure to help municipalities, universities, schools, and hospitals meet their needs. SP can help solve any combination of funding, design, engineering, procurement, installation, and maintenance of essential infrastructure with no upfront costs. Like a utility, SP charges a monthly usage fee based on a month-to-month agreement. Its goal is to establish long-term relationships with its customers and ensure its infrastructure remains safe, reliable, and improving forever.

    Learn more about Sustainability Partners.

    Source: Sustainability Partners

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  • Sustainability Partners Expands Commitment to Fund Critical Infrastructure Solutions Across the United States

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    CHANDLER, Ariz., February 5, 2025 (Newswire.com)
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    Sustainability Partners (SP), a Public Benefit Company revolutionizing how essential infrastructure is procured, deployed, funded and maintained, today announced its expanded focus on providing flexible solutions to address the nation’s aging infrastructure. Concentrating on municipalities, utilities, schools, and hospitals, SP is dedicated to ensuring that critical infrastructure projects, many of which are long overdue, are no longer delayed by funding challenges or other obstacles.

    As the urgency of addressing deferred maintenance grows, so does the demand for accessible and reliable funding models. Due to uncertainty surrounding federal funding, as well as the significant barriers that traditional funding and procurement models often present, SP’s mission is to bridge the gap by offering Infrastructure as Service® solutions. This model empowers public entities to implement critical projects without the upfront capital requirements of traditional infrastructure project development and procurement.

    “Our priority is helping communities tackle the infrastructure projects they can’t afford to delay,” said John Veech, CEO of SP. “This isn’t just about funding projects; it’s about enabling communities to address critical needs without the constraints of traditional funding and procurement models. Whether it’s aging water systems, transportation upgrades, or utility infrastructure, these projects must get done and we’re here to make it happen.”

    SP’s Infrastructure as a Service® model offers long-term funding solutions specifically designed to align with customers’ operational budgets. This approach allows municipalities and public entities to carry out essential projects without any upfront costs and provides the predictability of monthly usage fees, similar to paying a utility bill. As part of the IaaS ® model, SP also facilitates initial project design, equipment procurement, and funding while managing implementation and construction and overseeing maintenance. In addition to the financial benefits to the community, SP utilizes advanced IoT technology to continuously monitor and upgrade the quality of the infrastructure over time.

    Recent examples of SP’s impact include:

    • A Mississippi municipality: Partnered with SP to fund, procure, replace, and maintain a comprehensive system for over 65,000 smart water meters. During the first month of partial deployment, revenue collections rose to over $7M, increasing from $3.6M the previous month, primarily due to enhanced precision in usage measurement.

    • State of Hawai’i, multiple agencies: SP is helping the State of Hawai’i reach its clean energy goals by helping it transform its entire government fleet from petroleum to electric vehicles, plus implementing the necessary charging infrastructure, including chargers, solar, battery storage, and microgrids. This initiative has already reduced fuel costs by 25% and greenhouse gas emissions by over 600,000 pounds.

    • An international airport: Partnered with SP to fund and put electric ground support equipment charging infrastructure in place, saving one major airline $25,000 per month in fuel costs. Additional equipment has been requested by two additional airlines.

    • A Louisiana municipality: Utilized SP’s IaaS to upgrade its outdated water meter system, resulting in a 2.5-fold increase in revenue collection due to enhanced data quality and usage measurement along with notable improvements in water conservation from advanced leak detection.

    “These are not optional upgrades. They’re essential to our communities’ long-term resilience,” added Veech. “We’re not just funding infrastructure; we’re solving problems and building relationships. Our goal is to be a trusted partner that helps communities move forward by addressing critical projects today, not tomorrow.”

    SP is committed to supporting communities as they modernize their infrastructure, address deferred maintenance, and plan for future growth. To learn more about how SP can support your next infrastructure project, please visit www.s.partners.

    About Sustainability Partners

    Sustainability Partners (SP) is a Public Benefit Company that facilitates funding, deployment, and ongoing care of essential infrastructure to help municipalities, universities, schools, and hospitals meet their needs. SP can help solve any combination of funding, design, engineering, procurement, installation, and maintenance of essential infrastructure with no upfront costs. Like a utility, SP charges a monthly usage fee based on a month-to-month agreement. Its goal is to establish long-term relationships with its customers and ensure its infrastructure remains safe, reliable, and improving forever.

    Learn more about Sustainability Partners.

    Source: Sustainability Partners

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  • Former Morgan Stanley Managing Director John Veech Named CEO at Sustainability Partners

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    Veech to Lead SP in Addressing U.S. Infrastructure Challenges


    CHANDLER, Ariz., November 18, 2024 (Newswire.com)
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    Sustainability Partners (“SP”), a Public Benefit Company and leader in sustainable infrastructure funding, deployment, and maintenance across the United States, today announced that the Board of Directors has unanimously elected John Veech, a current member of the Board of Trustees, as CEO of the wholly-owned operating entity of Sustainability Partners, SP Services, effective December 1, 2024.

    “As we enter this exciting growth phase, it’s time to enhance our senior leadership capability,” said Tom Cain, SP’s board chair. “With the billions needed for core infrastructure projects, I am confident that John’s extensive experience in global infrastructure capital markets makes him the ideal choice for this pivotal role. The entire SP leadership team is eager for John to step into this critical position as we continue our rapid growth.”

    Veech has built a distinguished career, most notably serving as managing director and head of Americas for Morgan Stanley Infrastructure Partners, a global diversified infrastructure investing platform, for over a decade and, more recently, as managing partner and chief investment officer at Marathon Capital Partners. He was previously a managing director and global head of infrastructure project finance at Lehman Brothers for over 10 years. Veech brings a wealth of experience in investing, managing, and financing infrastructure assets across sectors such as renewable energy, power, midstream, transportation, communications, and utilities.

    “Sustainability Partners is poised for exceptional growth, and I’m excited to lead this visionary company alongside a talented team,” said Veech. “Our Infrastructure as a Service® model is transforming how essential infrastructure is funded and managed. I’m eager to collaborate with Tom, our leadership team, and all employees to drive innovation and shape the future of infrastructure.”

    “We are honored to welcome John to the team, which will further expand our footprint and strengthen our offerings,” added Gary Goldstein, SP board member. “John’s leadership and industry expertise perfectly align with our mission, and I am confident his strategic insight will be pivotal for us as we catalyze a new and improved era of infrastructure.”

    About Sustainability Partners
    Sustainability Partners (SP) is a Public Benefit Company that facilitates funding, deployment, and ongoing care of essential infrastructure to help municipalities, universities, schools, and hospitals meet their needs. SP can help solve any combination of funding, design, engineering, procurement, installation, and maintenance of essential infrastructure with no upfront costs. Like a utility, SP charges a monthly usage fee based on a month-to-month agreement. Its goal is to establish long-term relationships with its customers and ensure their infrastructure remains safe, reliable, and improving forever.

    Learn more about Sustainability Partners.

    Source: Sustainability Partners

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  • Sustainability Partners Revolutionizing Infrastructure Funding and Management to Address $1 Trillion Deferred Maintenance Crisis

    Sustainability Partners Revolutionizing Infrastructure Funding and Management to Address $1 Trillion Deferred Maintenance Crisis

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    CHANDLER, Ariz., October 17, 2024 (Newswire.com)
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    Sustainability Partners (SP), a Public Benefit Company, is transforming how essential infrastructure is funded, deployed, and maintained across the United States. At a time when states and communities are seeing revenues flattening, spending decreasing, federal pandemic recovery aid ending, and Infrastructure Investment and Jobs Act grants slowing, SP’s Infrastructure as a Service® (IaaS) model provides a scalable, sustainable solution to meet the growing needs of municipalities, universities, schools, hospitals, and other public entities.

    The nation’s infrastructure crisis is no secret. Communities are grappling with aging schools, public facilities, and water systems urgently needing upgrades. Many municipalities lack the capital and resources to address these issues. SP’s IaaS offers a solution by renewing essential infrastructure without burdening the budget or increasing debt. In the past 12 months, SP has achieved nearly 100 fundings for infrastructure projects, including smart water meters, microgrids, EVs and charging stations, wastewater treatment plants, and more.

    SP’s IaaS model simplifies the complexities of infrastructure projects and covers every stage of development—from design and engineering to procurement, installation, and maintenance—at no upfront cost to the customer and with the flexibility of monthly usage fees, similar to paying a utility bill. Currently active in 14 states, SP’s innovative approach enables public entities to modernize and maintain their infrastructure.

    “Our Infrastructure as a Service® model provides a win-win for communities,” said Thomas Cain, Founder and CEO of Sustainability Partners. “We remove all barriers to quality critical infrastructure improvements while ensuring that cities, schools, hospitals, and others have access to the latest technologies and maintenance support they need—relieving financial strain.”

    Infrastructure funding is often disconnected from the performance or long-term success of the infrastructure itself. Once cities secure funding, they must begin repayment immediately, regardless of whether the project is successful or even functional in the future.

    In contrast, SP’s IaaS funding is directly tied to the success and longevity of the infrastructure. This removes the risk of deferred maintenance and ensures the infrastructure is always safe, reliable, and operational. Public entities can expedite the modernization and adoption of sustainable infrastructure with a plan for maintenance while avoiding expensive debt issuance and the associated burdens that come with it.

    As a Public Benefit Company, SP is committed to building long-term partnerships that enhance the sustainability and reliability of public infrastructure. Public benefit companies are required by law to deliver measurable infrastructure benefits for cities, states, schools, and other public bodies. SP focuses on ensuring that the critical systems communities rely on—such as water and sewer lines, electric vehicle charging stations, or renewable energy solutions—are built to last and operate efficiently for decades.

    “By fostering collaborative relationships and delivering 100-year solutions, we’re demonstrating that the future of infrastructure can be safe, reliable, and continuously improving, providing a sustainable path forward for communities across the country,” said Cain.

    About Sustainability Partners
    Sustainability Partners (SP) is a Public Benefit Company that facilitates funding, deployment, and ongoing care of essential infrastructure to help municipalities, universities, schools, and hospitals meet their needs. SP can help solve any combination of funding, design, engineering, procurement, installation, and maintenance of essential infrastructure with no upfront costs. Like a utility, SP charges a monthly usage fee based on a month-to-month agreement. Its goal is to establish long-term relationships with its customers and ensure its infrastructure remains safe, reliable, and improving forever.

    Learn more about Sustainability Partners.

    Source: Sustainability Partners

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