Stella Power Company and Excelsior Energy Capital Align to Deliver Firm Low Carbon Power to Meet US Energy Demand

Stella Power Company (“Stella”), a distributed power business sponsored by Arroyo Investors, and Excelsior Energy Capital (“Excelsior”), a leading clean energy infrastructure investor, announced the formation of an alliance to enhance reliability at utility-scale renewable energy and battery energy storage facilities by incorporating natural gas generation solutions to create firm low carbon power plants.

This alliance brings a unique, all-of-the-above approach to powering energy-intensive businesses such as data centers. Together, Stella and Excelsior aim to deliver 24/7 power options, a minimum guaranteed carbon-free energy target, and rapid speed to market.

With the alliance, Excelsior can offer low carbon firm power to its customers, including data centers and utilities, with time to power in as short as 18 months. Stella will bring its natural gas development and operational expertise to design gas generation solutions that Excelsior can integrate with its renewable and battery energy storage projects. This solution combines the best of each technology to create a fast-response time, low carbon firm power solution to meet the unprecedented energy demand in the U.S.

According to Jamie Smith, Chief Executive Officer of Stella, “The visionary team at Excelsior keenly understands how Stella’s Firm Electrons onsite power generation solutions are a game-changer for the renewable energy industry. Together, we have crafted precisely what data centers and other large energy users are challenged to achieve with available grid capacity, while enabling them to continue to work toward their carbon reduction goals. We are incredibly proud to work with Excelsior.”

Anne Marie Denman, Co-Founder and Partner of Excelsior said, “Jamie and the Stella team have developed a solution that complements and differentiates what Excelsior can provide to the marketplace, allowing us to meet our large load and utility customers where they have expressed greatest need. We are grateful to the Stella and Arroyo teams for working alongside us to combine our renewable and battery expertise with their gas expertise to provide reliable clean power to quickly meet the US energy needs.”

Stella Power Company | www.stellapowerco.com

Excelsior Energy Capital | http://www.excelsiorcapital.com