36 min

SMP 46: Why Brownfields are Ideal Sites for Solar‪?‬ Solar Maverick Podcast

    • Natural Sciences

Episode Summary
 
In this episode, Benoy interviews Dan French, the Founder and CEO of Brownfield Listings. Dan discusses opportunity zones and brownfields, explaining how these topics intersect with solar advancement. Dan also discusses his experiences in creating Brownfield Listings and shares his entrepreneurial advice.
 
Benoy Thanjan
 
Benoy Thanjan is the Founder and CEO of Reneu Energy, as well as an advisor for several solar startup companies. Reneu Energy is a premier international solar energy consulting firm and developer, and the company focuses on developing commercial and industrial solar, as well as utility-scale solar plus storage projects. The company also sources financing for solar projects and hedges both energy and environmental commodities. Reneu Energy has brokered $27 million in environmental commodity transactions. 
 
Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. Before founding Reneu Energy, he was the SREC Trader in the Project Finance Group for SolarCity, which merged with Tesla in 2016. He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of SolarCity, to move into the east coast markets. Benoy also worked at Vanguard Energy Partners, Ridgewood Renewable Power, and Deloitte & Touche.
 
Dan French
 
Dan French is the Founder and CEO of Brownfield Listings. Dan is a trained attorney and transaction expert with domestic and international experience. His U.S. practice has focused on real estate transactions, environmental risk transfer and redevelopment. Long a student of the deal his watchword is ‘due diligence’, which helps explain why Dan has been trusted to lead transaction support initiatives for some of the largest companies in the world. His transactional experience encompasses thousands of properties of all conditions across two dozen states, with more than a billion dollars of property and environmental liability successfully transacted.
 
He has received an LL.M. in Business Law from Erasmus University in Rotterdam, a J.D. from St. Louis University School of Law, and a B.A. in history from the University of Illinois at Urbana-Champaign. Dan is leading a redevelopment renaissance within the larger real estate revolution—a technological, civic, social and market-based movement lifting the form and function of humanity’s built-environment to new heights, taking the health and wealth of our communities with it. He believes proactive due diligence is the difference in successful real estate transactions and in life.
 
Insights from this episode:
 
Strategies on understanding opportunity zones
Strategies to understanding brownfields
Secrets to solar market mixers
How to make a market when it does not already exist
Strategies on how brownfields can help the solar industry
 
Quotes from the show:
 
“Brownfield listing is a property market place and project marketplace for real estate with reuse challenges. Dan [French] is a trained attorney and transaction expert with domestic and international expertise. His U.S. practice is focused on real estate transactions, environmental risk transactions, and redevelopment.” – Benoy Thanjan, Episode #46
 
“Solar is one of our biggest segments. We have a tag, or species, in our taxonomy… called brightfield, so you can tag your site as a brightfield, which [tells] the market that you’re interested in pursuing solar development… You can be a greenfield… We have greyfields. It’s a rainbow of opportunities on the property side and professional side.” – Dan French, Episode #46
 
“We built a great educational program with speakers, public and private sector folks, along the two tracks tilted towards our different segments of the audience. So we had the solar, developer, and vendor track, and then the land owner and community track…

Episode Summary
 
In this episode, Benoy interviews Dan French, the Founder and CEO of Brownfield Listings. Dan discusses opportunity zones and brownfields, explaining how these topics intersect with solar advancement. Dan also discusses his experiences in creating Brownfield Listings and shares his entrepreneurial advice.
 
Benoy Thanjan
 
Benoy Thanjan is the Founder and CEO of Reneu Energy, as well as an advisor for several solar startup companies. Reneu Energy is a premier international solar energy consulting firm and developer, and the company focuses on developing commercial and industrial solar, as well as utility-scale solar plus storage projects. The company also sources financing for solar projects and hedges both energy and environmental commodities. Reneu Energy has brokered $27 million in environmental commodity transactions. 
 
Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. Before founding Reneu Energy, he was the SREC Trader in the Project Finance Group for SolarCity, which merged with Tesla in 2016. He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of SolarCity, to move into the east coast markets. Benoy also worked at Vanguard Energy Partners, Ridgewood Renewable Power, and Deloitte & Touche.
 
Dan French
 
Dan French is the Founder and CEO of Brownfield Listings. Dan is a trained attorney and transaction expert with domestic and international experience. His U.S. practice has focused on real estate transactions, environmental risk transfer and redevelopment. Long a student of the deal his watchword is ‘due diligence’, which helps explain why Dan has been trusted to lead transaction support initiatives for some of the largest companies in the world. His transactional experience encompasses thousands of properties of all conditions across two dozen states, with more than a billion dollars of property and environmental liability successfully transacted.
 
He has received an LL.M. in Business Law from Erasmus University in Rotterdam, a J.D. from St. Louis University School of Law, and a B.A. in history from the University of Illinois at Urbana-Champaign. Dan is leading a redevelopment renaissance within the larger real estate revolution—a technological, civic, social and market-based movement lifting the form and function of humanity’s built-environment to new heights, taking the health and wealth of our communities with it. He believes proactive due diligence is the difference in successful real estate transactions and in life.
 
Insights from this episode:
 
Strategies on understanding opportunity zones
Strategies to understanding brownfields
Secrets to solar market mixers
How to make a market when it does not already exist
Strategies on how brownfields can help the solar industry
 
Quotes from the show:
 
“Brownfield listing is a property market place and project marketplace for real estate with reuse challenges. Dan [French] is a trained attorney and transaction expert with domestic and international expertise. His U.S. practice is focused on real estate transactions, environmental risk transactions, and redevelopment.” – Benoy Thanjan, Episode #46
 
“Solar is one of our biggest segments. We have a tag, or species, in our taxonomy… called brightfield, so you can tag your site as a brightfield, which [tells] the market that you’re interested in pursuing solar development… You can be a greenfield… We have greyfields. It’s a rainbow of opportunities on the property side and professional side.” – Dan French, Episode #46
 
“We built a great educational program with speakers, public and private sector folks, along the two tracks tilted towards our different segments of the audience. So we had the solar, developer, and vendor track, and then the land owner and community track…

36 min