Viridis Initiative originated from a strategic partnership between two industry leaders – Generate Capital and McKinstry. Generate entered an infrastructure-as-a-service (IaaS) agreement with one of the nation’s largest school districts in 2019 to modernize the district’s facilities and energy infrastructure while reducing its environmental impact. McKinstry was contracted by Generate to design, build and sustain energy performance improvements.
The success of that effort led Generate and McKinstry to create Viridis Initiative as a joint venture to replicate the partnership’s IaaS model nationwide.The Viridis Initiative joint venture combines the sustainable funding and operating expertise of Generate with the engineering and design-build project delivery expertise of McKinstry.
About Generate Capital
Generate Capital, PBC is a leading sustainable infrastructure company driving the infrastructure revolution. Generate builds, owns, operates and finances solutions for clean energy, water, waste, agriculture, transportation and smart cities. Founded in 2014, Generate partners with over 50 technology and project developers and owns and operates more than 2,000 assets globally. Generate is the one-stop shop offering pioneers of the infrastructure revolution tailored funding and support needed to get projects built. Our Infrastructure-as-a-Service model delivers affordable, reliable, and sustainable resources to companies, communities, school districts and universities. Together, we are rebuilding the world.
McKinstry is a national leader in designing, constructing, operating and maintaining high-performing buildings. From new construction and ongoing operations to adaptive reuse and energy retrofits, the company provides a single point of accountability across the entire building lifecycle. McKinstry focuses on people and outcomes to ensure the built environment serves owners, operators and occupants alike. McKinstry is your trusted partner for the life of your building. Together, building a thriving planet.