U.S. investor Acadia Infrastructure Capital, along with Microsoft and other corporate partners, is spearheading a $9 billion pipeline of renewable energy projects nationwide. As part of the newly launched Climate and Communities Investment Coalition (CCIC), the initiative aims to build around 5 gigawatts of renewable power over five years. Acadia Vice President Brian O’Callaghan highlighted that the coalition seeks to accelerate corporate-led renewable energy financing while delivering tangible benefits to local communities, such as affordable clean energy access, job creation, and support for diverse contractors.

The program offers Renewable Energy Certificates (RECs) to companies aiming to green their power supply or offset emissions in their supply chains, encouraging more rapid renewable energy expansion. The coalition’s first major deal enabled Matrix Renewables to finance a 210-megawatt solar project with backing from Microsoft. According to Danielle Decatur, Microsoft’s Director of Environmental Justice, the program aligns with the tech giant’s environmental goals through high-quality energy procurement. Yinka Bode-George, CEO of the Sustain Our Future Foundation, emphasized the initiative’s potential to create lasting community benefits.