Tag: commercial and industrial
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Lightsource bp closes $267 million deal with Wells Fargo for 481 MW solar portfolio
Lightsource bp has successfully closed on a $267 million tax equity investment from financial services firm Wells Fargo & Co. The financing leverages the Production Tax Credit (PTC) structure made available for solar companies in the 2022 Inflation Reduction Act (IRA). The investment will support the construction and operation of a two-project portfolio in Louisiana……
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Advanced Green Technologies to break ground on 1.7 MW solar carport project in Florida
Solar contractor Advanced Green Technologies is set to break ground on two solar carports at the Raymond James Financial campus in St. Petersburg, Florida. Commencing in January 2023, the project will feature a total of 1.7 MW built on top of existing parking garages at the financial services firm’s corporate headquarters. “We are excited to work with……
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EnergyLink launches funding platform to develop sustainable energy infrastructure
EnergyLink Decarbonization Solutions (ELDS) has launched a vertically integrated funding platform that will focus on providing a full suite of services and capital from engineering design through operations to the sustainable infrastructure sector. Thematic focus areas of the platform include but are not limited to solar, battery storage, energy efficiency, hydrogen, renewable natural gas and industrial decarbonization,……
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Orka resolves to solve C&I solar financing for independent installers
It’s that time of year when resolutions are formed, and often fail soon thereafter. For Ted Fawcett, cofounder and CEO of commercial solar lender Orka Finance, resolutions began not with the start of a new year, but with the end of a sabbatical. He resolved to create a business that addressed a meaningful problem in……
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New year, new utility rates: How solar PPAs protect businesses from inflation
It’s no secret that inflation has impacted our cost of living – and the cost of doing business. We are now seeing the ripple effect beyond our eggs at the grocery store and into nearly everything, including electricity rates throughout the nation. In the Northwest, Oregon’s PacifiCorp Utility is expected to increase rates by 6.8%….…