Carey Int'l Group Boosts US Renewable Energy Commitment to $870M with SYMX

An expansive utility-scale solar farm under construction, representing the renewable energy projects backed by Carey International Group's $870 million commitment with SYMX Energy Corp.

Carey International Group Increases Energy Construction Commitments to $870 Million for Renewable Energy Projects

Carey International Group (CIG), a diversified holding company with a focus on energy/renewables, commercial real estate, and financial services, has significantly raised its construction financial commitments to $870 million for its energy platform projects.

This increased commitment will support the growth and development of renewable energy infrastructure, with construction set to begin soon.

SYMX Energy Corp. to Begin Delivering Renewable Energy to US Customers by 2026

With the start of construction on its renewable energy projects, SYMX Energy Corp., a wholly owned subsidiary of SYMX Holdings Corporation, is on track to begin delivering fields by 2026, providing affordable and sustainable electricity to US customers. This milestone reflects SYMX’s continued ability to execute major infrastructure and energy-related projects efficiently.

Andrew Ramos, President and CEO of SYMX, said, “Our execution of these projects with the Carey International Group ("CIG") reflects SYMX's strategic focus on growing our US renewable energy platform.”

He added, “We are extremely proud of our teams, whose expertise and dedication continue to drive SYMX's successful expansion across the United States in response to the consistently strong demand for renewable energy. In addition, our construction commitments are a significant milestone accomplishment for our pipeline of energy projects and our partnership with CIG Companies."

Also read: EDF & Aukera Sign PPA for Benthead Solar Farm + BESS in Scotland

CIG’s Role in Renewable Energy Expansion

The construction of these utility-scale solar projects will start in earnest, with solar assets set to be delivered beginning in the summer of 2026. The partnership between SYMX Energy Corp. and Carey International Group is a key step toward achieving this objective, contributing significantly to the renewable energy sector and the transition to cleaner energy sources in the US.

The increased investment in renewable energy infrastructure marks a pivotal moment in the US energy landscape.

With utility-scale solar playing a key role in meeting energy demands, CIG and SYMX are working to drive the energy transition forward while addressing the country’s growing electricity needs, particularly in key sectors such as artificial intelligence and data centers.