Tag: financing
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PowerOptions expands Solect Energy partnership with on-site solar + storage PPAs
PowerOptions, the largest energy-buying consortium in New England, expanded its relationship with Solect Energy to offer large scale solar and storage to its members, PowerOptions CEO Heather Takle announced this week. Solect Energy is now able to offer solar photovoltaic (PV) and storage solutions of any size to PowerOptions’ members lookingRead More — Solar Builder magazine
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Bank of America blows out its solar energy commitment with 10 deals in 3 states
Bank of America signed 10 agreements to purchase solar electricity for its operations in three states, including North Carolina, home to the company’s headquarters, partnering with Duke Energy, NRG Energy, 3Degrees, NativeEnergy and Birdseye Renewable Energy to get it done. “These unique projects and partnerships build on our achievement of carbonRead More — Solar Builder magazine
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Inovateus Solar to expand operations after big private equity deal
Inovateus Solar LLC, a privately held Midwest solar project developer for utilities, businesses, municipalities and education, is about to expand beyond its usual borders and offerings thanks to a significant ownership investment by private equity firm Middleburg Capital Development (MCD). Currently, Inovateus has led the installation and financing of overRead More — Solar Builder magazine
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Idemitsu Renewables secures $71 million in tax equity for solar projects in California, Colorado
This week, Idemitsu Renewables closed tax equity financing for its 50 MWp Central 40 solar project in Stanislaus County, California, and its 80 MWp Pioneer Solar project in Adams County, Colorado. Both projects are under construction and will begin operating in the fall of 2020. The tax equity syndicate was arrangedRead More — Solar Builder magazine
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Standard Solar secures $105 million in tax equity for solar projects in five states
Standard Solar, Inc. closed a tax equity commitment this week for up to $105 million to finance distributed generation (DG) solar projects located in Arizona, California, Massachusetts, New York and Rhode Island. The financing was secured through tax equity commitments from Fifth Third Bank, National Association and IBERIABANK. The portfolioRead More — Solar Builder magazine