Allco Renewable Energy Limited

Allco Renewable Energy Limited is a renewable energy firm specializing in the development and investment of solar projects across the United States. The company has built dedicated development and operational teams, as well as in-house financial, tax, and structuring expertise, enabling it to thrive in the economically challenging renewable energy industry. Since 2010, Allco has developed a portfolio of in-house commercial-scale solar generation projects totaling 28 megawatts over 17 project sites.

The company's business model allows flexibility to develop and operate solar farms in nearly every market in the United States. While its typical approach involves selling power to utilities under long-term power purchase agreements, Allco is also interested in selling power to various customers, including businesses, governments, and non-profits. The firm considers utilizing its buying power and expertise under a build-transfer model. Allco's customers include some of the largest utilities in the country, such as Pacific Gas & Electric Company, Xcel Energy, Northern Indiana Public Service Company, Southern California Edison, Georgia Power, Los Angeles Department of Water and Power, and Eversource Energy. Additionally, Allco sells net metering credits to various towns and municipalities throughout Massachusetts and Connecticut.

Allco Renewable Energy Limited is part of the Allco Group of Companies, which has been involved in arranging financing in sectors including aviation, rail, high technology, water/wastewater, power, and infrastructure for a wide variety of corporate and governmental entities since 1995. The company's mission is to combat climate change by developing sustainable and economically viable renewable energy generation, while maximizing job creation and minimizing environmental impact. Allco seeks to enforce rights of a special type of renewable energy generators called Qualifying Facilities (QFs) by participating in various proceedings to open up markets broadly to QFs and overcome the traditional reluctance of utilities to purchase renewable energy from them.