Tag: financing
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Amazon HQ2, Arlington County to both purchase power from this massive solar site in Virginia
Here’s a cool deal: Pittsylvania County, Virginia, will be the home of a new 120-MW solar farm that will support both Amazon’s massive HQ2 and accompanying operations in state as well the government operations of nearby Arlington County. Dominion Energy is expected to begin construction in 2020 with completion planned forRead More — Solar Builder magazine
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CleanCapital caps off its record year with a seven-project, 16-MW solar portfolio
CleanCapital announced today its final acquisition of 2019, a 16.5 megawatt portfolio consisting of seven operating solar projects. CleanCapital’s acquisitions last year totaled 105 MW, more than doubling the company’s cumulative acquisitions of prior years. The portfolio, dubbed “Liberty,” is made up of projects located in Connecticut and Massachusetts withRead More — Solar Builder magazine
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CIT Group leads on financing this New York community solar portfolio
CIT Group’s Power and Energy unit served as sole lead arranger on a $42.8 million in debt financing to support NY Solar Farms, a 70-megawatt community solar portfolio located in central and northeastern New York State. The solar portfolio – one of the largest of its type comprising 10 projectsRead More — Solar Builder magazine
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New Orleans promotes free solar evaluations as part of Solar for All NOLA campaign
New Orleans Mayor LaToya Cantrell is breaking from Louisiana’s poor solar policy grade with a new Solar for All NOLA program. Solar for All NOLA will be led by the Greater New Orleans Housing Alliance (GNOHA), which will work with two respected local solar businesses — PosiGen Solar and SolarRead More — Solar Builder magazine
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Spruce Finance adds a 31-MW portfolio of residential solar assets
Spruce Finance, a large private owner and operator of residential solar assets, has completed its most significant solar portfolio acquisition to date: 5,864 rooftop solar assets totaling 31.3 megawatts (MW) from funds managed by Atalaya Capital Management LP. This acquisition not only provides meaningful growth to its portfolio but also expandsRead More — Solar Builder magazine