Page 7 - Q3_2022_Rosendin Corp Newsletter

WE CARE WE LISTEN
Demonstrating our care for our Staying on top of current events,
employees and communities is pricing fluctuations, and stock
central to Rosendin’s culture. market volatility are some of the
simplest ways we continue to listen
Each of our offices has a unique culture to provide the best value for our
and ways of supporting their local employees, customers, and partners.
communities and employees. This is
most often accomplished through “The utility-scale solar industry, as much
the volunteerism of our employees. or more than any vertical market, can
Rosendin’s Renewable Energy Group be dramatically impacted by legislative
hosted the annual Rosendin Golf and regulatory mandates along with
Tournament and Auction supporting rising prices driven by the current
the Navy SEAL Foundation and raised supply chain constraints impacting all
upwards of $250K for the organization. markets,” points out Duncan Frederick,
In August, the team in Anaheim VP of Business Development for RREG.
completed the Back to School Drive “There is new legislation in effect; the
with the Rosendin Foundation to Uyghur Forced Labor Prevention Act
buy, assemble, and donate over 100 (UFLPA), which prohibits the import
backpacks filled with school supplies of finished goods, raw materials, or “It is always our goal at
for The Boys & Girls Club of Long component goods from the People’s
Beach. Republic of China (PRC) produced in any Rosendin to consistently
part by forced labor or under violation enhance our value to clients
Since 2017, Rosendin’s Oregon team has of human rights. As it turns out, some while doing what we can to
been a sponsor of the two-day Heroes 50% plus of global PV (Photovoltaic)
of the Sea Charity Event, supporting Solar modules/components production mitigate risks to all parties.
the Pacific Northwest Chief Warrant are sourced from this Uyghur region, For Rosendin Renewable
Officers Association’s tireless efforts. putting a significant portion of U.S. Energy Group (RREG), this
The trans-Pacific submarine cables in planned Solar PV Plant construction
Oregon are vital to data centers, and schedules at risk. Combining this with means working with clients
the Pacific Northwest Chapter and its current supply chain price increases to engage as early as possible
members protect them by patrolling driving EPC (Engineering, Construction, in the project planning
the coastline. For the fifth consecutive and Procurement) contractor project
year, Rosendin donated $50,000 as a delivery costs up by 15-20%. Our process to gain insights into
silver sponsor to the association. With developer and IPP (Independent Power their challenges which then
the donation from this year, Rosendin’s Producer) clients are facing significant become opportunities for
contributions since 2017 have totaled challenges to their project portfolio RREG to innovate and excel. ”
nearly $250,000. delivery plans.”

Rosendin team members from across Fredericks continues, “While partnering
the country shared their time and with our clients has always been a
expertise through The Rosendin long-standing Rosendin tradition for
Foundation, hosting Camp NAWIC securing sustainable project flows, now
with the Austin Chapter of the National more than ever, we’re having to engage
Association of Women in Construction with these clients at least 18-24 months
in Pflugerville, TX. The Camp is designed in advance of project mobilization
to teach middle-school-aged female to drive collaborative solutions for
students about career opportunities addressing both problems: module
in the construction industry. This year, delay schedule impacts and supply
35 girls attended the camp. chain price increases.”
In Tempe, AZ, Rosendin donated Over the past 8-10 months, RREG has
materials and time to install lighting deployed very specific construction
components at Mesa Community schedule strategies and procurement
College’s softball facilities. The team plans to help mitigate these two
provided lighting in the batting cages key risks facing clients. To address
so student-athletes could continue the module delay impacts, RREG
practicing after sundown. collaborated with top clients to