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Scott Reynolds
Scott Reynolds
Mar 04, 2010

20061026_solar

John Hancock and Metlife are financing the construction of the largest solar energy plant in Colorado. Constuction will begin this spring with operations expected to begin by the end of the year.

“MetLife recognizes the importance of investing in renewable energy ventures that will have a positive impact on the environment,” said Steve Kandarian, executive vice president and chief investment officer for MetLife. “This project builds upon the more than $1 billion that MetLife has already invested in renewable energy projects. It also demonstrates our commitment to support growth in the solar energy market by making it easier and more affordable for businesses and public entities to benefit from solar electricity.”

“The project finance teams at John Hancock and our parent company, Manulife Financial, have a portfolio of renewable energy financings that includes more than $2 billion of projects in the U.S. and Canada. We look forward to the successful completion of the solar power plant in Alamosa later this year,” said John Anderson, senior managing director and head of John Hancock’s Power and Infrastructure Group.

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Posted Under: Going Green

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3 Responses to “Insurance Companies Finance Solar Plant”

  1. Good afternoon, I want to say thank you for an interesting blog about a subject I have had an interest in for a long time now. I have been lurking and reading the posts avidly so just wanted to express my gratitude for providing me with some very good reading material. I look forward to more, and taking a more active role in the discussions here, whilst learning too!! Here is a video of a home lighting plant some of you might be interested in viewing http://www.youtube.com/watch?v=ADgxxVzC71Y

  2. Johnny,

    Thanks for your post. It’s hard to believe that type of technology existed back to the 1930’s.

  3. Interesting post. I have been looking for some excellent resources for solar panels and found your blog. Going to bookmark this one!

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