CBRE Group has acquired NRG Energy's renewable advisory division. Led by Miro Sutton, the NRG advisory group specializes in facilitating renewable energy deals, brokering over 5GW of clean power, focusing on community solar, large-scale energy contracts, such as Virtual Power Purchase Agreements, and other renewable opportunities. Additionally, the team advises on monetizing tax credits associated with renewable energy projects.
"Demand for renewable energy is accelerating as companies work to meet net-zero targets and other sustainability commitments," said Robert Bernard, CBRE's chief sustainability officer. "However, integrating renewable energy into corporate real estate portfolios is a complex process. This acquisition allows us to offer a broader suite of energy-related sustainability services, helping our clients navigate the complexities of planning, sourcing, and managing renewable energy."
Miro Sutton, head of NRG Energy’s renewable advisory division, added: "The combination of our expertise with CBRE’s expansive client network enhances our ability to deliver streamlined, effective renewable energy solutions. This will help our clients meet their energy needs while significantly reducing carbon emissions."
