Denham Sustainable Infrastructure rebrands distributed solar company as it enters next stage of growth, delivering best-in-class projects across the U.S.enters next stage of growth, delivering best-in-class projects across the U.S.
Jersey City, NJ – 16 October, 2025 – Solops, a U.S.-based developer, financier, owner and operator of photovoltaic solar projects, has been renamed Virtue Power as it enters its next phase of growth. The name change is effective immediately. All existing assets of the business will remain within Virtue Power.
Since its inception 15 years ago, Virtue Power has developed over two gigawatts of commercial and industrial solar projects across the U.S. and closed financings in excess of $2.1 billion in that period.
The company, which is dedicated to advancing solar energy solutions for its clients, will continue to be overseen by President and Chief Operating Officer, Matthew West, who joined the Board earlier this year. The management team was recently strengthened by the appointment of Jumaane Ponder as Chief Financial Officer.
Virtue Power will continue to focus on the high-quality delivery of PV assets in its core markets in Pennsylvania, New Jersey, New York and Georgia, as well as other established distributed generation markets around the U.S. The company was acquired in 2022 by Denham Capital, the global energy transition investment firm, which has since supported the growth of the business by ensuring it is well positioned to adapt to and capitalise on evolving market conditions.
Timothy Radcliff, Managing Director at Denham Capital said: “This is an important step in the evolution of Virtue Power, a trusted partner in distributed solar developments. Virtue Power has the tools to leverage the strong pipeline of opportunities in the distributed generation space across the United States.
The rebranded company will continue to provide its partners and customers with operational excellence and long-term value creation, qualities which are central to our investment strategy at Denham.”
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About Denham Capital
Founded in 2004, Denham Capital is a global energy transition investment firm, having raised more than $12 billion (which includes funds now managed by Trace Capital) of capital across multiple sectors. Specializing in private equity, infrastructure and credit, we invest in sectors that are central to the economic and resource transitions happening globally. We deliver the metals and minerals and sustainable infrastructure needed for today and tomorrow.
Denham Capital sponsors entrepreneurs, delivering the financial resources and industry expertise needed to create and grow successful infrastructure and resource businesses. We seek to establish long term partnerships with entrepreneurs and companies who share our vision for growth and value creation. Our investment teams have extensive renewable power, infrastructure and mining investment experience, including technical experience as engineers, operators, and business owners.
Our firm is built on a foundation of experience, fairness, economic rationale, flexibility and trust, and we bring these values into every opportunity we pursue. We believe our tactical familiarity within our industry sectors along with a disciplined approach centred around fairness and shared success make us an ideal partner.
For more information, visit www.denhamcapital.com.
About Virtue Power
Founded in 2010, Virtue Power is a premier developer, financier, and owner/operator of photovoltaic solar projects in the commercial and industrial sectors (C&I) throughout the United States. The team has collectively developed over 2GW of projects in the C&I sector and closed on financings in excess of $2.1bn.
Virtue Power has established relationships and strategic partnerships with industry leading solar integration companies, developers, engineering firms, brokerage houses, private equity funds, hedge funds, large investment banks, and regional lending institutions.
For more information, visit www.virtuepower.com.
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