NEW YORK, NY. October 12, 2017 – On September 6, 2017, Novatus Energy received the highest rating, a 5-star rating, by the GRESB® organization in connection with their 2017 Infrastructure Assessment. Novatus Energy ranked first in its peer group of seven participating North American utility-scale renewable energy generation assets, and third out of all the fifty seven participating global energy generation assets.
The GRESB Infrastructure Assessment measures how well Environmental, Social and Governance issues are integrated into the management and practices of infrastructure assets. The Assessment is structured into eight sustainability categories. The scores of these categories are then aggregated, resulting in the GRESB® score. A total of 160 global assets participated in the 2017 Infrastructure Assessment. The top 20% of all participating assets having the highest scores received a 5-Star rating by GRESB®.
Steve Doyon, CEO of Novatus Energy, commented, “We are thrilled to report that Novatus has received the highest GRESB® rating. The rating reflects a third-party validation on how well our company has integrated sustainability principles and practices into the company’s management and operations since its inception in late 2015. Sustainability and a focus on strong governance are a core part of our values and culture. We look forward to continue doing business in a sustainable manner and supporting our local communities.”
About Novatus Energy
Novatus Energy is a North American privately-held renewable energy platform that currently owns interests in a 1.6 GW portfolio of operational wind and solar projects in the US, consisting of 7 wind projects (1,043 MW) and a portfolio of 25 solar PV projects (543 MWac). Headquartered in New York City, Novatus Energy is wholly owned by institutional investors advised by J.P. Morgan Asset Management. For more information, please visit www.novatusenergy.com.
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