Tag: financing
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Loanpal completes largest securitization of residential solar loans
Loanpal closed a securitization of approximately $434 million worth of Loanpal solar loans previously purchased by Goldman Sachs, Blackstone Credit and Goodfinch. This represents the largest securitization of residential solar loans to date and reaffirms Loanpal’s high quality assets and strength in the marketplace. Renewable energy is forecasted to beRead More — Solar Builder magazine
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Nucor Corp. signs steel industry’s largest solar PPA with EDF Renewables North America
EDF Renewables North America and Nucor Corporation, a diversified steel and steel products company, recently announced the signing of a 15-year Virtual Power Purchase Agreement for 250 megawatts of solar energy in Texas. The project, selected by Nucor under a competitive Requests For Proposals process, is expected to begin delivering cleanRead More — Solar Builder magazine
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Spruce Finance buys two more residential solar portfolios, including NRG’s
Spruce Finance, the largest private owner and operator of distributed generation residential solar assets in the U.S., has acquired two new asset portfolios, including the balance of NRG’s residential holdings. The NRG purchase is Spruce’s largest to date and the latest example of the company’s residential solar asset “growth byRead More — Solar Builder magazine
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STAG Industrial starts on Illinois, Massachusetts community solar projects
Real estate investment trust STAG Industrial broke ground on its first onsite solar installation in Illinois, and its fifth solar installation in Massachusetts, that will both be part of community solar programs. Facilitated by Black Bear Energy in partnership with STAG, and developed by Green Street Power Partners (GSPP), theseRead More — Solar Builder magazine