Las Virgenes Unified School District Mandatory Conference for Solar Project Respondents set for February 24th; Pure Power Advisors is Managing the RFP Process
LOS ANGELES, CA – February 22, 2011 — The Las Virgenes Unified School District is moving forward with the design and installation of solar power facilities at Agoura High School and Calabasas High School. Participating respondents to a Request for Proposals (RFP), managed by Pure Power Advisors, will be attending a mandatory onsite conference on February 24th from 9:30 – 11:30am at Calabasas High School and continuing at 1:30pm at Agoura High School.
Pure Power Advisors (www.PurePowerAdvisors.com) has been engaged by LVUSD (corp.LVUSD.org) to manage the RFP process for solar installations at its two high school campuses. The solar arrays are anticipated to be up to 2 Megawatts (DC) in the aggregate, combining both rooftop and covered parking applications. There is also the potential for a portion of the installations to be ground-mount.
“Las Virgenes Unified School District is a leader in the State of California in cost-saving through energy efficiency” said Dr. Donald Zimring, Superindent of LVUSD. “Based on preliminary studies, we expect these solar arrays to generate approximately 20% of the schools’ power needs. Installing solar at school campuses is just one component of a broad program being put forth by the District to conserve financial resources, protect critical education jobs, provide valuable teaching tools for students, and build a legacy of clean energy resources.”
Pure Power Advisors will assist LVUSD in evaluating proposals for a turnkey photovoltaic system, including the design, installation, operation, maintenance, and ownership of the solar systems. “Our process is very thorough and is designed to maximize the financial and non-financial benefits to LVUSD by securing the highest quality responses, inclusive of third-party financing structures for the ownership of the systems,” noted Paul Le Blanc, Chief Financial Officer of Pure Power Advisors.
LVUSD will only consider bids for both campuses that include financing options structured as third party ownership and long-term maintenance.
ABOUT PURE POWER ADVISORS
Pure Power Advisors, LLC (www.PurePowerAdvisors.com), based in Santa Monica, is a leading advisory and management firm for tax credit (equity) funds targeting solar energy projects. Pure Power Advisors and its principals have led tax credit motivated funding in transactions in excess of $1 Billion in total project cost. Our team is comprised of finance, tax, legal, development and technology experts targeting the solar energy landscape. Collectively, our team has successfully built and managed tax equity funds for distributed solar projects in California with a proven track record of delivering or exceeding targeted returns.
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- Rachael Wexler
- Pure Power Advisors
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