Construction Today - May 2017 - 68
Civil | BELTLINE ENERGY LLC
option agreements are
customized to each landowner's
land usage requirements.
In addition to a strong local presence, securing solar development opportunities also
requires two other elements: experience
and due diligence, both of which Beltline
Each landowner relationship is initiated with an introductory meeting where
Beltline gives a thorough review of how the
solar program would impact the landowner's property. Beltline conducts a battery of
tests to determine whether the property is
suitable for solar development.
Once due diligence is completed, a
custom contract is created between the
landowner and Beltline Energy. Land
RPCS (RP Construction Services Inc.)
has sold and installed hundreds of single axis
tracker projects across the country. As Array
Technologies Inc.'s (ATI) exclusive Value Added
Reseller, the RPCS team has expert knowledge
and extensive experience working with ATI's
DuraTrack ® HZ v2.5 and v3 trackers in all
regions and conditions. RPCS is a mechanical
subcontractor, supporting solar EPCs and
offering ATI trackers as a fully designed, delivered, installed, commissioned, and warrantied
product. ATI is the global leader in single axis
tracking with 6GW installed in all 50 states
and 19 countries and has a perfect reputation
for quality and reliability. ATI is working with
RPCS to deliver the same quality for its products through mechanical completion in the DG
market. Leading solar companies are working
with RPCS to mechanically install their growing portfolios of ATI projects across country.
Please visit www.rpcs.com to learn more.
CONSTRUCTION-TODAY.COM MAY 2017
option agreements are customized to each
landowner's specific land usage requirements, and it isn't uncommon to see 20and 30-year lease agreements.
Beltline's site viability analysis and due
diligence process typically ensure that
each land tract it develops is optimally
positioned as a viable foundation for a longterm contract to sell power. "We spend a lot
of time on early stage origination," Elkind
explains. " We figure out where solar plants
should be located, and then develop a facility that harnesses that power."
Elkind's ability to find solar development opportunities likely stems from his background
in finance. He was an investment banker at
Bear Stearns, focusing on the acquisition and
valuation of companies. He began looking
for opportunities to combine his technical
and finance backgrounds, and ended up
working for OCI Solar Power, a solar power
development firm out of Atlanta that subsequently moved to San Antonio, Texas.
When the Georgia market began to take
off, he leapt at the opportunity to start Beltline Energy. It is a position that offers fulfillment on two levels: being simultaneously
involved in a start-up and at the forefront
of new technology. "It's definitely exciting
for us," Elkind explains. "There is definitely
cachet for being environmentally responsible." He estimates Beltline has developed
roughly $500 million in solar projects.
And though the Georgia market has been
lucrative, Elkind would like to eventually
see Beltline expand geographically. "Our
plan is to be a domestic developer, not just
in the Southeast," Elkind says. "We have
already started to deploy our resources and
explore international projects as well."
Lean and Green
Though off to a strong start, Elkind envisions a company that will maintain a lean
focus; indeed, it currently employs only
four people. "We make good use of our resources effectively," Elkind explains. "We are
very nimble in responding to the market,
and the nature of development is that you
don't need a large team."
With Beltline Energy's lean and nimble
team, the need for it to have a steady group
of strategic partners becomes even more
crucial. "Developing strong relationships
has been our lifeblood," Elkind explains.
"Our customers and our suppliers are both
local, and it's a critical point for success.
They are people we trust and have been in
the trenches with. Our focus is 'consistency
According to Elkind, there is another
advantage to keeping a small staff. "We are a
strong believer in the professional development of our employees," Elkind notes.
"And our business can be laser-focused on
people's roles. We take a proactive approach
to developing our employees, and everyone
loves coming to work."