Growing Renewable Portfolio Avantus is expanding its portfolio of large-scale solar and solar-plus-storage projects, including recent high-profile partnerships like the power purchase agreement with Arizona Public Service. This indicates a strong demand for utility-scale renewable energy solutions, presenting opportunities to offer customized project financing, technology integration, and ongoing maintenance services.
Strategic Asset Sales The recent sale of assets to Gore Street Capital suggests Avantus is actively divesting mature projects to fund new developments. This creates potential cross-selling opportunities for asset management, equipment upgrades, or consultation services related to project lifecycle optimization and portfolio management.
Capital Investments With a substantial development facility of over $520 million and backing from major investors like KKR, Avantus is positioned for rapid growth. There is an opportunity to introduce innovative financing solutions or project funding advisory services to support their expansion in clean energy infrastructure.
Experienced Leadership Appointments Recent hires of senior executives like the CFO and CDO highlight Avantus’s focus on strengthening its leadership in project development and financial structuring. Engaging with senior management through tailored solutions in project financing, technology deployment, or operational scaling could prove valuable.
Market Expansion The company's expansion into new markets like Arizona and its focus on utility-scale projects indicate a regional growth strategy. Business development efforts could target local utilities, government agencies, and energy grid operators to provide integrated clean energy solutions and storage technology.