Weining Blackstone Photovoltaic Panel

How can we accelerate rooftop solar penetration?

To accelerate rooftop solar penetration, the world will need to ramp up production of panel mounting systems—the equipment securing solar panels in place—that are durable, versatile, and easy to install. This presents a new investment opportunity.

What are Blackstone Energy Transition partners' Mega-themes?

BK: Renewables and decarbonization are mega-themes for Blackstone Energy Transition Partners. We identified Esdec as a clear leader very early on, which allowed us to build strong foundations in our relationships with the business and Rivean. That kind of relationship-building is core to Blackstone’s approach.

Can solar mounting systems increase solar penetration in the residential sector?

Bilal Khan: We believe that durable, safe and reliable solar mounting systems—which also need to match the useful life of the solar panels—can help to increase solar penetration in the residential sector.

Who is Blackstone?

JP: Blackstone is the largest owner of commercial real estate globally. Combined with our existing investments in the rooftop solar industry, that creates opportunity for us to work with Esdec’s existing owners to drive business and develop value. Our mission is to help Esdec grow.

Why is Blackstone partnering with esdec?

We believe this partnership with Esdec is going to allow access to reliable, low-cost rooftop solar solutions for other businesses Blackstone invests in, creating opportunities to generate value for Esdec by driving decarbonization across our portfolio. JP: Blackstone is the largest owner of commercial real estate globally.