Energy Asset Advisors, LLC (EAA) today announced the successful closing of a solar power asset sale transaction in the State of New Jersey.

Located near Atlantic City, the facility, once operational later this year, will be capable of generating nearly four megawatts (4MW) of clean, renewable power – enough to supply the annual needs of as many as 1,000 New Jersey homes.

EAA acted as the exclusive financial advisor to RC Cape May Holdings, LLC, a wholly-owned subsidiary of Rockland Capital, LLC, an energy-focused private equity firm located in The Woodlands, Texas.  Of EAA’s effort on its behalf, Rockland Partner Jim Maiz said, “EAA provided superb service in the packaging, marketing and execution of exactly the type of deal we required.  We found their advisory and transactional capabilities in the U.S. solar sector to be superior and would seek their support on future renewable energy transactions.”

EAA’s Charles Brettell said, “We were pleased to have been selected by Rockland Capital to market their solar power development asset.  We are equally gratified that our Client was happy with the outcome and to have played a role in the continuing development of clean, renewable energy in New Jersey.”

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