The Palmetto Group and Sader Power Enterprises Sign Solar Installation Joint Venture Agreement

Charleston, South Carolina (PRWEB) August 05, 2014

Palmetto Energy PLC, part of Charleston based clean energy investment firm The Palmetto Group, today secured a joint venture partnership with Louisiana based Sader Power Enterprises LLC that is expected to create one of the largest vertically integrated solar installation companies in the United States.

"This joint venture puts us on track to realise our ambitions of investing $10 billion in clean energy projects by 2020," said Chris Kemper, CEO and Founder of The Palmetto Group . "The combination of the unique, highly disruptive technologies that Sader has created combined with The Palmetto Groups proven ability to fund large scale renewable energy projects will enable us to become a substantial, highly competitive entity in the burgeoning US clean energy sector," he continued.

"We have the technology and methods to develop the largest power company in the world in less than 20 years, providing enough capacity to satisfy the demand for electricity nationwide whilst at the same time replacing the Grid," said Jon Sader, Founder and CEO of Sader Power Enterprises. "We are excited about the prospects of working closely with Palmetto whose clean energy finance expertise will enable us to get one step closer to our ambition of putting a solar array on every rooftop in America," he continued.

For further information, contact:

PR Team The Palmetto Group LLC 6 North Atlantic Wharf Charleston SC 29401 http://www.palmetto.com marketing(at)palmetto(dot)com

Brooks Young Director of Marketing & Public Relations Sader Power Enterprises, LLC 504-246-5924 9930 Chef Menteur Hwy New Orleans, LA 70127 BYoung(at)saderpower(dot)com http://www.saderpower.com

About Palmetto

Operating since 1996, The Palmetto Group is a trusted financial firm that offers cleanenergy investment products with environmental benefits to its growing global clientbase of over 300 institutions and 12,000 private clients.The Palmetto Group has grown rapidly and evolved into a highly regarded financial firm withsubstantial transaction experience having financed clean energy assets in excess of $350m worldwide.

Palmetto Energy PLC is the development and finance division of The Palmetto Group

Link:
The Palmetto Group and Sader Power Enterprises Sign Solar Installation Joint Venture Agreement