Tag: financing
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Federal solar tax credits explained for your business
The following piece was submitted by Robert L. Rojas, CPA, M.S. – Taxation, CExP, and J. Michael Pusey, CPA, Rojas & Associates. Accessing solar credits is an important consideration for more businesses given amendments in the latter half of 2022. Our topic has become more important to more business decision-makers while also becoming more complicated……
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Silicon Ranch raises $600 million in equity to cap record year
Nashville-based Silicon Ranch Corp. has raised another $600 million in equity to fund company growth and support future capital investments in rural communities across the United States. The initial funding of $375 million closed in December 2022, with an additional $225 million expected to fund in early 2023. Combined with $775 million raised in early……
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CleanCapital stakes claim on brownfield solar, emerging PV markets with 2022 acquisitions
Over the last year, renewable energy investment firm CleanCapital has expanded its solar portfolio and capabilities through a series of acquisitions. CleanCapital cofounder and CEO Thomas Byrne says those moves reflect a growth strategy focused on project development. “CleanCapital, about a year ago, decided we wanted to get much more involved with developing assets ourselves,……
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Leyline closes first international loan with Westbridge Renewable Energy to support 278 MW solar project in Alberta
Leyline Renewable Capital has closed its first international loan with Canadian developer Westbridge Renewable Energy Corp. The loan will support the 278 MW Georgetown Solar project in southern Alberta, Canada. Georgetown may borrow up to $4,830,000 CAD (approximately $3.55 million USD). “This partnership with Westbridge Renewable represents an important step for Leyline as we venture into new markets,”……
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Kearsarge Energy secures $32 million to finance 6 solar sites in Massachusetts and Rhode Island
Affiliates of Kearsarge Energy have secured $32 million for the construction and permanent financing of six solar PV and energy storage systems in Massachusetts and Rhode Island. The Renewable Energy Practice Group of Boston law firm Sherin and Lodgen LLP represented Cambridge Savings Bank in the loan facility for the projects. Located on various properties……