MMA Renewable Ventures Solar Portfolio Grows Five-Fold

MMA Renewable Ventures LLC, a subsidiary of Municipal Mortgage & Equity LLC, says it closed 2007 with approximately 34 MW of solar under operation and development, including more than 20 MW of new renewable energy generation last year alone – an increase of more than five times its 2006 portfolio.

In total, MMA Renewable Ventures brought projects into operation at 18 sites across the U.S. in 2007 – among them, North America's largest solar photovoltaic system at Nellis Air Force Base (14 MW).

In addition to the Nellis Air Force Base system, the company's operational portfolio for the year includes commercial-scale installations at Florida Power & Light Company and Estee Lauder, as well as East and West Coast locations for Roche Pharmaceuticals. Municipal customers include AC Transit and the city of Thousand Oaks, and academic-institution customers include CSU Fresno, Sussex County Community College and the Happy Valley Elementary School District.

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