solar-powered spotlight

Houston organization grants funding to local arts center to make sustainable updates to facilities

Silambam Houston will use the funding to create the Green Mountain Energy Sun Club Sustainability Pavilion. Photo courtesy of Green Mountain

Green Mountain Energy Sun Club has supplied a grant of nearly $103,000 to a local Indian arts center to make sustainable improvements to its facilities.

Silambam Houston will use the grant to help with the installation of a rooftop solar array and a new pavilion at its Pearland dance studio, which will be called The Green Mountain Energy Sun Club Sustainability Pavilion. The venue will serve as an outdoor gathering space for events at the facility.

“At Green Mountain Energy, we recognize that our choices can have a profound impact on our environment,” Mark Parsons, Green Mountain Energy vice president, says in a news release. “We’re proud to support the rich and diverse culture of the Indian community, and we’re glad to help Silambam take the next step toward a more sustainable future.”

The 14.58 kW solar structure is expected to offset 100 percent of the building’s energy needs, which would save the organization more than $4,000 per year for the next 25 years. Sun Club has donated more than $14 million for 164 projects across Texas and the Northeast since it was founded in 2022.

Silambam is an Indian classical arts organization with an arts academy program that serves 180 students each week with more than 20 teaching artists on staff. The professional dance company has more than 20 dancers that regularly perform at Houston venues like Miller Outdoor Theater where they will perform next on June 7.

“We are thrilled to be able to weave sustainable practices into our arts programming, while also giving back to the community,” founder and executive artistic director of Silambam Dr. Lavanya Rajagopalan said in a news release. “The annual savings from this project will allow us to increase artist pay, provide tuition waivers for economically disadvantaged students, and/or provide free or pay-what-you-can access to our ArtStream Concerts, all while benefiting the environment.”

Silambam Houston will use the grant to help with the installation of a rooftop solar array and a new pavilion at its Pearland dance studio. Photo courtesy of Green Mountain

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A View From HETI

Cohen & Co. Capital Markets, which closed $44 billion worth of deals last year, has opened an energy-focused office in Houston. Photo via Getty Images.

Investment bank Cohen & Co. Capital Markets has opened a Houston office to serve as the hub of its energy advisory business and has tapped investment banking veteran Rahul Jasuja as the office’s leader.

Jasuja joined Cohen & Co. Capital Markets, a subsidiary of financial services company Cohen & Co., as managing director, and head of energy and energy transition investment banking. Cohen’s capital markets arm closed $44 billion worth of deals last year.

Jasuja previously worked at energy-focused Houston investment bank Mast Capital Advisors, where he was managing director of investment banking. Before Mast Capital, Jasuja was director of energy investment banking in the Houston office of Wells Fargo Securities.

“Meeting rising [energy] demand will require disciplined capital allocation across traditional energy, sustainable fuels, and firm, dispatchable solutions such as nuclear and geothermal,” Jasuja said in a news release. “Houston remains the center of gravity where capital, operating expertise, and execution come together to make that transition investable.”

The Houston office will focus on four energy verticals:

  • Energy systems such as nuclear and geothermal
  • Energy supply chains
  • Energy-transition fuel and technology
  • Traditional energy
“We are making a committed investment in Houston because we believe the infrastructure powering AI, defense, and energy transition — from nuclear to rare-earth technology — represents the next secular cycle of value creation,” Jerry Serowik, head of Cohen & Co. Capital Markets, added in the release.

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