National Renewable Solutions, LLC (“NRS”) is a renewable energy company founded in 2011 and based in Minnetonka, Minnesota. NRS originates, acquires and develops renewable energy projects throughout the US at various stages, including from greenfield through operations. Our history represents a wind and solar portfolio of over 1 GW of either operating or NTP-ready projects, demonstrating a strong track record in a competitive field. Our current active development portfolio comprises over 3.5 GW of renewable projects.
In mid 2021, NRS was acquired by BlackRock Real Assets – Climate Infrastructure Group* (“BlackRock”) with the intention of accelerating the development of its pipeline of projects toward financing, construction, and operations. With NRS’ on-the-ground development and origination expertise and BlackRock’s capital markets support and global reach, we have positioned ourselves as a major player in the U.S. renewable energy market.
* BLACKROCK REAL ASSETS OPERATES ONE OF THE LARGEST CLIMATE INFRASTRUCTURE EQUITY INVESTMENT PLATFORMS IN THE WORLD WITH OVER $9.7 BILLION IN TOTAL COMMITMENTS AND INVESTMENTS IN 450 RENEWABLE POWER AND OTHER CLIMATE RELATED PROJECTS ACROSS 17 COUNTRIES AND 5 CONTINENTS.
Our mission is to continue to grow the renewables foothold in US energy market by developing viable, utility and distribution scale renewable energy projects, with a primary focus on wind, solar and storage technologies.
Our unique approach to development incorporates an efficient and purposeful operating and development budget, with a focused effort in long-lasting partnerships with people who live in rural areas for the betterment of their communities.
With our roots in community development and finance, developing renewable energy projects with these elements is at the heart of what we do. Many community development equity funds refer to “a triple bottom line” approach to investment, where both economic development and profitability thresholds need to be met as a prerequisite to investing, with sustainability as its the third leg of the stool. NRS applies these “Three P’s” - Profit, People & Planet, to everything we do. The result is a portfolio of projects that will provide attractive profits, a significant local community and economic impact, and responsible energy supply to positively impact the planet. We believe these criteria are critical inclusions to creating truly sustainable renewable energy projects and keep our promise to be good stewards for generations to come.
As a leading developer of community projects, our vision is to our vision is to promote investment in domestic renewable energy sources. Our projects directly share financial benefits with our communities, both in the profits of the development project company, operating lease payments from our projects, local taxes and investment – all with the end goal to create significant economic value for communities.
Finally, we are driven by our genuine interest in producing ethical and renewable energy to reduce carbon and increase domestic energy reliance while protecting our natural resources and way of life.
Our experienced and highly proficient staff has expertise across the full range of project development activities. These include project finance, resource assessment, real estate, grid interconnection and transmission planning, GIS, permitting and environmental mitigation for all of the mainstream renewable resources – wind, solar, battery storage and carbon-free hydrogen production. We pride ourselves on our ability to move quickly and efficiently, and maintaining our focus on the most value-driven milestones for each of our projects.
In mid 2021, NRS was acquired by BlackRock Real Assets – Climate Infrastructure Group* (“BlackRock”) with the intention of accelerating the development of its pipeline of projects toward financing, construction, and operations. With NRS’ on-the-ground development and origination expertise and BlackRock’s capital markets support and global reach, we have positioned ourselves as a major player in the U.S. renewable energy market.
* BLACKROCK REAL ASSETS OPERATES ONE OF THE LARGEST CLIMATE INFRASTRUCTURE EQUITY INVESTMENT PLATFORMS IN THE WORLD WITH OVER $9.7 BILLION IN TOTAL COMMITMENTS AND INVESTMENTS IN 450 RENEWABLE POWER AND OTHER CLIMATE RELATED PROJECTS ACROSS 17 COUNTRIES AND 5 CONTINENTS.