Alta Energy and Sol Systems today announced a strategic partnership that enables efficient third party financing of solar projects for commercial and industrial (C&I) property owners. By leveraging the complementary strengths of Alta Energy’s site analysis and renewable energy marketplace and Sol Systems’ due diligence and project financing expertise, C&I property owners will be able to access lower energy prices through long-term Power Purchase Agreement (PPA) contracts, reducing their operational costs as well as helping them to achieve their corporate sustainability goals.
Alta Energy VP of Business Development, Howard Lee said, “Sol Systems brings a long track record and extensive expertise in project financing and structuring of solar project investments for both developers and investors. Their economic analysis, underwriting, and financing skills make them the perfect partner in our efforts to service our C&I property owner clients and help them achieve their operational cost savings and sustainability goals.”
George Ashton CFO of Sol Systems said, “Alta Energy is a trusted and objective third party advisor to C&I property owners. After determining the best sites for solar, Alta Energy is also able to maximize the economics of the project for C&I property owners through their own engineering expertise and the use of their vendor marketplace. The combination of our due diligence and project financing expertise along with Alta Energy’s marketplace, expertise in identifying qualified site hosts and ability to work closely with site hosts on key project development tasks will create a strong value proposition for C&I property owners.”
— Solar Builder magazine
[source: http://www.solarbuildermag.com/news/alta-energy-sol-systems-join-together-solar-financing/]
Leave a Reply
You must be logged in to post a comment.