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645 Madison Avenue, 14th Floor
New York, NY 1002
United States

(212) 419 - 4840

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.

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News

Gore Mountain Solar Project

June 19 2017

The Gore Mountain Solar project is part of an environmental initiative undertaken by New York state and the Olympic Regional Development Authority (ORDA) — which also oversees the Gore and Belleayre mountain resorts — to run “(their) business units with increased sustainability and efficiency,” according to a press release from Gov. Andrew Cuomo’s office. Syncarpha Capital is the owner of the project.

Lexington will save $19 million with new solar farm

may 18, 2017

The solar farm owned by Syncarpha Capital in Lexington, MA can generate 2.2 megawatts of solar energy, or enough to power 375 average Massachusetts homes.

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SYncarpha Capital nears completion of its first community solar portfolio, providing net metering credits and monthly energy savings to more than 300 residents and businesses across Massachusetts.

May 2017

Syncarpha Capital will own and operate four fully-subscribed community solar generation systems in Massachusetts, totaling 10 MW DC of generation capacity.

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Solar Project on Municipal landfill in palmer, mass. completed

April 26, 2017

Syncarpha Capital, Borrego Solar Systems, and Renewable Energy Massachusetts Complete Project to Generate Solar Energy on    Decommissioned Municipal Landfill in Palmer, Mass.

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Renewing the shaker Tradition

may 2017

"Renewing the Shaker Tradition," is on page 10 and 11 of Berkshire Homestyle Magazine. "Syncarpha approached the Village with the notion of forming a partnership that would benefit not only the Village, but the surrounding community as well under Community Shared Solar, in this case defined as customers within Eversource's service area."

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Hancock Shaker Village getting greener: Community Solar project underway

October 31, 2016

PITTSFIELD — Construction of a community solar project is well underway to benefit Eversource customers throughout Western Massachusetts.

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COMMUNITY SOLAR BREAKING GROUND IN WESTERN MASSACHUSETTS

OCTOBER 5, 2016

Syncarpha Capital (“Syncarpha”) has selected The Ryan Company, Inc. to build three Community Shared Solar photovoltaic facilities in Massachusetts, that will be located on a portion of the land owned by Hancock Shaker Village, a nonprofit organization, in the Town of Hancock and the City of Pittsfield in Berkshire County.

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Airport Signs Contract to buy solar energy

September 13, 2016

Aiming to save money in the long run, the Martha’s Vineyard Airport commission voted last week to buy the bulk of the electricity for the Island airport from a New York private equity fund that develops solar power facilities.

Under the terms of the contract, the airport will buy power from Syncarpha Capital, produced by a solar power facility already completed in Freetown.

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Syncarpha Capital AND PACOLET MILLIKEN RECYCLE LAND TO COMPLETE 12 MEGAWATT SOLAR PROJECT

March 23, 2016

MARCH 23, 2016 - Syncarpha Capital and Pacolet Milliken are pleased to announce the addition of three solar projects, located in the towns of Leominster, North Adams and Palmer, to their jointly-owned solar portfolio. The grid-connected projects, all privately funded, are currently delivering 12 megawatts of clean, renewable energy

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SOLAR DEAL SHINES ON ANDOVER

October 29, 2015

Last summer, the board agreed to buy about 4 million kilowatt hours, or kWh, of solar power from Syncarpha Capital of New York. The energy is to be generated from 30 acres of solar panels on a capped landfill in Palmer, Mass.

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NORTH ADAMS CITY AND SCHOOL BUILDINGS GO 100% SOLAR

September 22, 2015

With the opening of a 3.5 megawatt solar panel facility, North Adams now expects to be 100 percent solar powered. The thousands of panels supplementing the electricity for the municipal and school buildings reside on a capped landfill about a mile from the city center.

The city agreed to a twenty year purchasing agreement with Syncarpha Capital, a New York based private equity firm that deals heavily with solar energy systems.

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TOWN OF LEICESTER REDUCING COSTS BY BECOMING GREENER

February 26, 2015

Today, the Leicester Board of Selectmen announce another effort in reducing the Town’s electricity costs, by entering into a solar power purchase agreement that covered all up-front costs with Syncarpha Capital. The Town has agreed to purchase approximately 1.2 megawatts of power from a solar array that is being developed by Syncarpha Capital and to be constructed in the Town of Palmer, Mass. 

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SYNCARPHA CAPITAL AND PACOLET MILLIKEN ANNOUNCE COMPLETION OF A SIX-MEGAWATT SOLAR ENERGY FACILITY IN DARTMOUTH, MASSACHUSETTS

July 10, 2014

Syncarpha Capital and Pacolet Milliken are pleased to announce the completion of Fisher Road Solar, a jointly-owned six-megawatt (MW) solar project in Dartmouth, Massachusetts. The facility is currently the second largest solar project in Massachusetts.

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SCITUATE SOLAR PROJECT WINS 2014 "PHOTOVOLTAIC PROJECT OF DISTINCTION" AWARD

June 23, 2014

A three-megawatt (3 MW) solar installation built on a capped landfill in the town of Scituate, MA, received one of four 2014 “Photovoltaic Project of Distinction” awards from the Solar Energy Industries Association (SEIA) and the Solar Electric Power Association (SEPA).

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SYNCARPHA CAPITAL ANNOUNCES SOLAR INVESTMENT PROGRAM

May 19, 2014

Syncarpha Capital, in partnership with a private family office, has begun a new $250 million solar program and has closed a new tax equity fund with a major U.S. commercial bank.

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SOLAR PROJECT GENERATING NEW TYPE OF CROP AT BOLTON ORCHARDS

February 24, 2014

The solar project that transformed a former gravel pit into a solar farm is now harnessing the power of the sun, with 20,774 solar panels transforming sunlight into electricity.

The power that will be shipped off into "the grid" is roughly equal to the electricity needs of 1,000 typical American homes.

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SYNCARPHA CAPITAL AND PARTNERS ANNOUNCE THE COMPLETION OF A SOLAR ENERGY FACILITY IN STOW, MA

January 08, 2014

Syncarpha Capital is proud to announce the completion of a 2.5MW solar project on a brownfield site in Stow, Massachusetts.

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SOLAR ENERGY FACILITY DEVELOPED BY SYNCARPHA CAPITAL STARTS OPERATION

November 15, 2013

A solar energy facility developed by Syncarpha Capital, has been completed. The 6 megawatt solar farm is located on a former gravel pit in Bolton Orchards in Boston, Massachusetts.

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SYNCARPHA CAPITAL & PARTNERS ANNOUNCE INITIATION OF A 3 MW SOLAR ARRAY IN SCITUATE, MASSACHUSETTS

June 17, 2013

Syncarpha Capital has started construction of a 3 MW solar array on a capped landfill in Scituate, Massachusetts. When the project goes live in the fall of 2013, Scituate will become the first town in the state to be powered by 100% renewable energy.

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SOLAR PROJECT COULD REDUCE BERNARDS TOWNSHIP’S ENERGY COSTS

March 29, 2013

Syncarpha took a major step forward on Oct. 25 when it received approval from the Planning Board. At the time, Richard Turnure, a principal in the firm, said the project would be “ready to go” as soon as new state legislation on solar power was codified by the state Board of Public Utilities

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NEW SOLAR ENERGY BILL EFFECTS SYNCARPHA'S BOLTON ORCHARDS PROJECT

August 10, 2012

A bill was signed in Massachusetts that regulates and encourages solar energy. There are no regulations to set the tax formula for solar installations, allowing negotiations of deals that are most applicable to individual communities in the state. Syncarpha Capital is developing a solar project at Bolton Orchards. A financial guaranty is still progressing.

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SYNCARPHA CAPITAL & PARTNERS TO DEVELOP A SOLAR FARM AT THE BOLTON ORCHARDS

April 10, 2012

Syncarpha Capital is developing a solar farm at the Bolton Orchards jointly with Renewable Energy Massachusetts, LLC. Syncarpha will finance and own the 54 acre facility. In a recent public hearing, residents of the community weighed in on the impacts of developing a solar farm.

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SYNCARPHA'S SOLAR FARM IN EASTAMPTON IS READY TO GENERATE POWER

November 14, 2011

Syncarpha Capital’s solar farm in Eastampton, New Jersey has started producing electricity. The solar farm includes 12,810 panels and is expected to produce 3 megawatts of electricity annually. The farm will general approximately 3,700 solar renewable-energy credits a year that will be able to be sold on the market.

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SYNCARPHA CAPITAL & PARTNER TO DEVELOP A SOLAR FARM IN STOW, MASSACHUSETTS

November 02, 2011

Syncarpha Capital and Renewable Energy of Massachusetts have signed a lease to a 12-acre property in Stow, Massachusetts. The intent is to install a 2.5-megawatt solar panel field that could potentially provide electricity for over 400 homes.

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SIEMENS ENERGY INC. TO PROVIDE SERVICES TO SYNCARPHA'S SOLAR PLANT IN EASTAMPTON, NEW JERSEY

June 01, 2011

Syncarpha Capital has selected Siemens Energy Inc. to provide engineering, procurement and construction services to the firm’s solar plant in Eastampton, New Jersey. The solar plant produces 3 megawatts of ground-based PV annually. The plant is scheduled to start producing energy in September 2011.

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SYNCARPHA CAPITAL AND SIEMENS ENERGY, INC. FORM PARTNERSHIP

May 31, 2011

Syncarpha Capital has partnered with Siemens Energy, Inc. to install solar generating capacity in Eastampton, New Jersey. In fiscal 2010, revenue from Siemens’ Environmental Portfolio totally about $35 billion, making Siemens the world’s largest supplier of green technology.

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SYNCARPHA CLIENT RECOGNIZED AS TOP GREEN POWER PURCHASER

April 18, 2011

Georgian Court University, a client of Syncarpha Capital, was recognized by the Environmental Protection Agency as the Top Green  Power Purchaser in the Central Atlantic Collegiate Conference in 2010-2011. The New Jersey-based liberal arts college purchases approximately 4 mw of energy from Syncarpha annually.

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SYNCARPHA CAPITAL & PARTNERS SELECTED FOR SOLAR PROJECT AT THE NEW YORK JETS TRAINING FACILITY

September 28, 2010

Syncarpha Capital & Partners have completed a 690kW solar power system at the New York Jets team headquarters and training center in Florham Park, New Jersey. All of the power generated by the system will be sold to The New York Jets under a Power Purchase Agreement.

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