Mon, Oct

Cypress Creek Renewables and TriEagle Energy Join Forces to Make Clean Energy More Accessible and Affordable in Texas

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Cypress Creek Renewables, the nation's leading developer of local solar projects, and TriEagle Energy®, a leading independent energy retailer based in Woodlands, Texas, announced the launch of a new direct-to-consumer program that will make solar energy more accessible to thousands of Texas consumers.

Through the new SunEagle™ program, residents in North Texas can instantly enjoy the benefits of solar energy—low, fixed rates for years and a 100% renewable energy supply—without installing a solar energy system on their home, apartment or condo. The program will provide innovative, environmentally friendly energy service to almost 3,000 Texas residents, who will receive 100% renewable energy and help support Cypress Creek's 5-megawatt solar farm located in Walnut Springs, Texas.

"We're excited to help reshape the Texas energy market by offering joint solutions to the consumer that have not been seen before," said Cypress Creek CEO Matthew McGovern. "It's an ideal way to offer 'solar for all' without the need for any installations, while still locking in a 5-year price guarantee to both homeowners and renters."

Unlike traditional solar energy systems, no installation equipment or crew is needed to take advantage of the SunEagle program. Any consumer can sign up and start receiving renewable energy by the time their next energy bill arrives. In addition, local solar farms, like Cypress Creek's Walnut Springs installation, create local jobs and revenue for the state, as well as support the growth of the nation's clean energy economy.

"Texas is currently ranked number one nationally in solar potential," explained Rob Cantrell, Executive Vice President for TriEagle and Crius Energy. "The TriEagle team is pleased to find a way to unlock that potential now by offering affordable energy with powerful environmental and economic rewards through our alliance with Cypress Creek Renewables."

TriEagle Energy's parent company, Crius Energy, plans to expand its work with Cypress Creek Renewables in the coming months to make solar a reality for even more consumers. With over 4 gigawatts of local solar farms deployed or in development across 15 states, Cypress Creek Renewables is the largest and fastest-growing dedicated provider of local solar farms in the United States and is well on its way to generating enough energy to power nearly a million U.S. homes. Crius Energy currently serves nearly 1 million residential customer equivalents in the U.S. through its family of world-class energy brands, including TriEagle Energy.

About Cypress Creek Renewables: Cypress Creek Renewables is the American leader in Local Solar. Cypress uses a data-driven approach to identify and acquire underutilized land on which it builds solar farms ranging from 2 – 20MW on average, and it currently owns the largest solar farm east of the Mississippi River. Cypress sells the renewable energy these solar farms create back to local communities, typically at rates lower than fossil fuels. This process guarantees widespread, affordable access to clean energy.

Cypress is fully integrated, it finances, builds and operates its utility-scale solar farms with the support of over 200 team members and it has invested over $1.5 billion into solar farms since 2014. Cypress's philosophy is that the solar farm process only works if it is a "win" for everyone, promoting partnerships with landowners, local communities, regulators, lenders and consumers (utilities, businesses and individuals) to maximize green energy usage as well as to create local jobs and community development.

With over 4 gigawatts of local solar farms deployed or in development (enough to power nearly a million homes) across 15 states, Cypress Creek Renewables is the largest and fastest-growing dedicated provider of local solar farms in the United States.

About TriEagle Energy: TriEagle Energy is a Texas-based retail energy provider specializing in commercial and small industrial businesses. With innovative products, outstanding customer service and competitive pricing, thousands of residential and business customers have entrusted their power needs to TriEagle since 2003. TriEagle is a Better Business Bureau Accredited Business and an active member of the Retail Energy Supply Association (RESA). The company is part of Crius Energy's family of best-in-class energy brands, which also includes Comcast Energy Rewards, Public Power and Crius Solar.




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