Cypress Creek applauds NC leadership on bipartisan energy legislation
Cypress Creek applauds Governor Cooper and the leadership of the General Assembly for passing historic bipartisan energy legislation. The legislation, the first of its kind to be passed in the Southeast by a Republican legislature and a Democratic Governor, creates a roadmap for North Carolina to reduce carbon dioxide emissions by 70% by 2030 and to achieve carbon neutrality by 2050 in the power sector. North Carolina has long been a leader in renewable energy innovation, attracting new businesses to the state, keeping energy costs low for families, and providing hundreds of millions of dollars in private investment and tax revenues for communities. Cypress Creek looks forward to supporting implementation of the legislature’s intent to secure least-cost resources through competitive procurement, building on the state’s successful Competitive Procurement of Renewable Energy program, and to continue supporting economic development across the state.
Cypress Creek is the largest owner and operator of solar energy projects in North Carolina. From Cypress Creek’s national control center in the Research Triangle Park, the company operates more than 2,300MW of projects across the state.
The photo above is of a 3MW solar project owned and operated by Cypress Creek in western North Carolina.
About Cypress Creek Energy
Cypress Creek Energy is a U.S. independent power producer and developer of energy infrastructure designed to meet the nation’s rapidly growing demand for reliable, cost-effective, and sustainable electricity. Built on more than a decade of experience developing, financing, owning, and operating energy assets, the company delivers integrated solar, storage, and firm capacity solutions that serve utilities, communities, and large-load customers.
Cypress Creek believes energy infrastructure should create lasting value beyond generating affordable, sustainable electricity. Through responsible development, long-term ownership, and meaningful community partnerships, the company is committed to strengthening the places where it lives, works, and builds. Since inception, Cypress Creek has commercialized 19 GW of projects and today has more than 6.8 GW of assets operating or under construction, along with a 19 GW development pipeline. Through Cypress Creek Solutions, its in-house operations and maintenance platform, their experienced team manages more than 8.6 GW of energy assets for both Cypress Creek and third-party owners across 24 states.