Syncarpha Capital is a New York based private equity firm dedicated to developing, owning and operating commercial and utility scale photovoltaic (PV) solar energy systems throughout the United States and Canada. Co-founded by Cliff Chapman and Richard Turnure, the firm was launched to capitalize on the tremendous opportunities in the alternative energy sector and to create a vehicle for investing in assets with long duration, excellent credit quality and high risk adjusted returns.
Partnering with experienced solar developers, installers, engineers and EPC contractors, Syncarpha Capital designs and builds on-site solar systems for municipalities, utilities, and businesses. The goal is to minimize risk and maximize return in an arrangement where total project success benefits all parties.
Syncarpha Capital currently operates 28 megawatts (MW) of ground mounted and rooftop solar assets in New Jersey, Massachusetts, North Carolina and Arizona. Syncarpha developed and sold an additional 16 MW of ground mounted solar assets in Massachusetts & New Jersey. Syncarpha has additional projects currently under construction in Massachusetts, New Jersey & New York.
What’s in a Name?
We named our company Syncarpha to reflect our mission: investing in renewable energy. Syncarpha is a genus of herbaceous flowering plants in the daisy family (Asteraceae), native to Africa and more commonly known as the everlasting.