SPG SOLAR ANNOUNCES FORMATION OF STRUCTURED FINANCE GROUP
~Full Suite of Funding Resources and Expertise to be Available to Commercial Solar Market~
With the formation of its Structured Finance Group, SPG Solar becomes an industry leader as one of the few companies able to provide this combination of expertise and access to the private and public funding needed to make solar projects economically viable and a sound investment for the long-term. Due to SPG Solar’s track record of success and reliable installations, the Structured Finance Group within SPG can now offer its customers access to its third party funding partners for Power Purchase Agreements (PPAs), debt and equity investment, operating and capital lease arrangements and participation in Renewable Energy Funds. The Group also brings together the industry’s leading experts on federal and state government Solar Renewable Energy Credits, available public funding through CREB bond offerings, Department of Energy Grants and utility incentive programs.
“We are taking the mystery out of a very complex funding process for our customers,” noted SPG Solar President and CEO, Thomas Rooney. ‘SPG Solar is a relationship-based company, and we will build upon this as we make the connections between our customers and the investment community.”
