Range offers co-development as a service, meaning that we will sit side-by-side with developers during the early stages of development, assisting with site selection, contract negotiations, pricing and modeling, development financing, and asset monetization strategy. We utilize our extensive experience in all stages of project development and construction to analyze and advance high-quality projects to a NTP milestone.
Case Study
Co-Development of a 7MW Community Solar Project in New York
Range partnered with an early-stage developer focused on New York Community Solar projects. Range helped conduct economic modeling, advised on project development timeline/activities, marketed the project to potential investors, and negotiated the definitive sale documents to the long-term owner-operator. Notably, Range assisted the developer in running an RFP for the projects, in which it was able to negotiate a 40% increase in the development fee by conducting a best-in-class asset sale process. Range structured the co-development agreement as a profit-share with the developer, which created aligned incentives for both Range and the developer.
