SolMicroGrid Announces Appointment of Kirk Edelman as Chief Executive Officer

$MS
Investment Bankers/Brokers/Service
Finance
Get the next $MS alert in real time by email

SolMicroGrid, an Energy-as-a-Service microgrid company focused on commercial and industrial ("C&I") end markets, announced today the appointment of Kirk Edelman as Chief Executive Officer, effective immediately. Kirk joins SolMicroGrid following recent senior executive roles at Safari Energy, a solar-focused renewables developer focused on C&I end markets, and Verdagy, a green hydrogen company. SolMicroGrid continues to be backed by Morgan Stanley Energy Partners, part of Morgan Stanley Investment Management.

John Moon, Head of Morgan Stanley Energy Partners, said, "We are delighted to be partnering with Kirk Edelman as the next CEO of SolMicroGrid. He brings years of senior executive experience in scaling C&I-focused renewable energy businesses. We look forward to working with Kirk in his new role to support the continued growth of SolMicroGrid. Kirk embodies the world-class talent we seek to partner with in all our energy businesses."

Kirk Edelman, CEO of SolMicroGrid, said, "I am excited to join the SolMicroGrid team and to continue delivering on our customers' ambitious energy resiliency, sustainability, and cost-efficiency goals. I believe in the company's mission and look forward to expanding the business to serve new customers and new end markets."

SolMicroGrid continues to operate, construct, and develop solar-enabled microgrid assets for its C&I clients and is committed to finding innovative solutions to customers' energy and resiliency needs.

About SolMicroGrid

Headquartered in Alpharetta, Georgia, SolMicroGrid is a differentiated developer and operator of solar-enabled microgrid systems offering energy resiliency and efficiency to commercial and industrial customers. SolMicroGrid is a portfolio company of Morgan Stanley Energy Partners. For further information about SolMicroGrid, please visit www.solmicrogrid.com.

About Morgan Stanley Energy Partners

Morgan Stanley Energy Partners, the energy-focused private equity business of Morgan Stanley Investment Management, is a leading energy private equity platform that makes privately negotiated equity and equity-related investments in energy companies located primarily in North America. Morgan Stanley Energy Partners pursues a differentiated investment strategy, focused on the buyout and build-up of strategically attractive, established energy businesses across the energy value chain in partnership with world-class management teams. For further information about Morgan Stanley Energy Partners, please visit www.morganstanley.com/im/energypartners.

Get the next $MS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$MS

DatePrice TargetRatingAnalyst
11/26/2024Buy → Hold
HSBC Securities
11/15/2024$142.00Underweight → Equal Weight
Wells Fargo
10/4/2024$118.00Hold → Buy
HSBC Securities
9/11/2024Buy → Neutral
Goldman
8/2/2024$99.00 → $95.00Equal Weight → Underweight
Wells Fargo
7/17/2024Outperform → Perform
Oppenheimer
1/17/2024$94.00 → $87.00Overweight → Neutral
JP Morgan
1/17/2024$102.00 → $91.00Outperform → Mkt Perform
Keefe Bruyette
More analyst ratings

$MS
Press Releases

Fastest customizable press release news feed in the world

See more
  • Morgan Stanley Investment Management Announces Portfolio Management Change for Morgan Stanley China A Share Fund, Inc.

    Effective immediately, Amay Hattangadi serves as the sole portfolio manager to the Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) (the "Fund") and is primarily responsible for the day-to-day management of the Fund's portfolio. About Morgan Stanley Investment Management Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.7 trillion in assets under management or supervision as of December 31, 2024. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse clie

    $CAF
    $MS
    Investment Managers
    Finance
    Investment Bankers/Brokers/Service
  • Morgan Stanley Investment Management Provides $125 Million Debt Financing to FreshBooks

    Morgan Stanley Investment Management announced today that funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Private Credit have provided $125 million in senior debt financing to FreshBooks, one of the leaders in cloud-based accounting software for small businesses. This investment will refinance existing debt and is expected to fuel the company's continued growth. Toronto-based FreshBooks provides SaaS software that is built for service-based SMBs with a focus on the U.S. and Canadian markets. Serving as a core operating system for its customers, FreshBooks offers an easy-to-use platform that enables the company to handle everything from invoicing clients and receiving p

    $MS
    Investment Bankers/Brokers/Service
    Finance
  • Morgan Stanley Investment Management Closes Fourth Global Infrastructure Fund at $4.1 Billion

    Morgan Stanley Infrastructure Partners (MSIP), the private infrastructure investment team within Morgan Stanley Investment Management (MSIM), today announced that it has raised $4.1 billion for North Haven Infrastructure Partners IV (NHIP IV). NHIP IV includes some of the world's largest and most sophisticated institutional infrastructure investors, including public and private pension funds, sovereign wealth funds and insurance companies. Markus Hottenrott, Chief Investment Officer for Morgan Stanley Infrastructure Partners said: "With our nearly two-decade track record of differentiated deal sourcing through our network of relationships and Morgan Stanley's global franchise, we will seek

    $MS
    Investment Bankers/Brokers/Service
    Finance

$MS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$MS
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$MS
SEC Filings

See more

$MS
Leadership Updates

Live Leadership Updates

See more
  • Morgan Stanley Appoints 173 New Managing Directors

    Morgan Stanley has announced the appointment of 173 Managing Directors. The new Managing Directors are: Andrea Alberti Jon LeBoutillier Andrew Arena Ben L. Lee Emma Atkins Dick Lee Mona Benisi Jason Lees Maria Berezhkova Benjamin Liberos Alison Bilger Uri Lichtenfeld Priya Bindra Daniel J. Lingeza Nathan Bishop Fan Liu Peter Boehm Sarah Lloyd-Johns Dan Bray Elly Lukenskaite Katalin Broz Mayank Maheshwari Shinya Bukawa Richard Mancusi Edward Bury Koren Maranca Ryuk Byun Lesley A. Matthews James Carroll Helen Mbugua-Kahuki Matt Cashia Mandy McClung Kendal Cehanowicz Felipe M

    $MS
    Investment Bankers/Brokers/Service
    Finance
  • Morgan Stanley Investment Management's 1GT Participates in €115 Million Investment in XOCEAN

    Funding to help accelerate growth of its ocean data services platform Morgan Stanley Investment Management (MSIM) announced today that the 1GT private climate equity strategy (1GT) participated in a €115 million fundraise for XOCEAN (company), a leading provider of ocean data to the offshore energy and civil hydrography sectors. 1GT participated in an investor consortium that includes S2G Ventures (S2G), Climate Investment (CI), and Crown Family's CC Industries (CCI). The investor consortium brings fit-for-purpose capital, diverse operational experience across the offshore value chain, and the strategic connectivity to accelerate the growth of XOCEAN's platform to meet the rapidly growi

    $MS
    Investment Bankers/Brokers/Service
    Finance
  • Morgan Stanley Expansion Capital acquires stake in global payments fintech Sokin

    Strategic investment is expected to accelerate Sokin's product growth plans and further global expansion Additional investors include Gary Marino, former CCO at PayPal who will join the Board, Mark Britto, former CPO at PayPal, and Aurum Partners, the investment fund affiliated with the owners of the San Francisco 49ers and other strategic LPs Existing investors include Rio Ferdinand, former England and Manchester United defender Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin, marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide significant capital and accel

    $MS
    Investment Bankers/Brokers/Service
    Finance

$MS
Financials

Live finance-specific insights

See more
  • Morgan Stanley Declares Dividends on Its Preferred Stock

    Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: Floating Rate Non-Cumulative Preferred Stock, Series A - $328.97 per share (equivalent to $0.328974 per Depositary Share) 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $445.31 per share (equivalent to $0.445313 per Depositary Share) Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F - $429.69 per share (equivalent to $0.429688 per Depositary Share) Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I - $398.44 pe

    $MS
    Investment Bankers/Brokers/Service
    Finance
  • Morgan Stanley Reports Fourth Quarter and Full Year 2024 Earnings Results

    Morgan Stanley (NYSE:MS) today announced its fourth quarter and full year 2024 financial results. The financial results are now available on the Firm's Investor Relations website at www.morganstanley.com/about-us-ir/earnings-releases and will be available on a Form 8-K filed with the Securities and Exchange Commission (SEC) on January 16, 2025, and available on the SEC's website at www.sec.gov. A conference call to discuss the results will be held today at 8:30 a.m. (ET). The call will be available at www.morganstanley.com or by dialing 1-866-431-2040 (domestic) and 1-929-477-0541 (international); the passcode is 400700. Playback will be available via webcast on our website. Morgan Stan

    $MS
    Investment Bankers/Brokers/Service
    Finance
  • Morgan Stanley Real Estate Investing Acquires Brightview Senior Living Portfolio

    Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), announced today it has partnered with Brightview Senior Living (Brightview) to acquire a portfolio of eight premium senior housing communities from Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $56 billion in assets under management. The portfolio, which Brightview originally developed, is comprised of 1,186 units across the Baltimore, Philadelphia, Providence and Boston metropolitan areas. Brightview will continue to operate the communities. "We are pleased to acquire this high-quality p

    $MS
    Investment Bankers/Brokers/Service
    Finance

$MS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more