Phalanx Impact Partners, a New York-based private equity firm, has partnered with Vikram Solar and Das & Co. to form a new U.S. joint venture and majority U.S.-owned and operated company, VSK Energy, with plans to invest up to $1.5 billion to develop a vertically integrated solar manufacturing operation in the United States.
With two planned projects, VSK extends Vikram Solar's 17 years of solar manufacturing experience to the United States with financial support from sustainability-focused private equity firm Phalanx Impact Partners and Das & Co.’s extensive network and expertise in the solar industry in the United States, India, and emerging markets.
The first phase of the investment consists of a $250 million investment to develop an American solar photovoltaic (PV) module manufacturing facility in a recently completed building at 76 Commerce Center in Brighton, Colo., which is owned by Mortenson Properties and Hyde Development. The new factory is expected
