We know it can be a challenge to find a bank the not only understands community solar, but that will also finance it. We know community solar projects vary widely based on state policy, offtaker mix, and platform type. We have underwritten a variety of subscribers, such as investment grade and non-investment grade commercial, industrial, education sector, hospital and municipal customers. We are also open to financing arrays with residential subscribers, without long term contracts, or without credit scores.
Project-level debt can cause issues with tax equity investors; however, we have been in the market working with some of the biggest names in tax equity and can provide a solution without your corporate guaranty. We’ll work with you to come up with a solution that meets your community solar financing needs and expectations as well as those of your tax equity investors and other partners.
When you speak with a loan specialist they will guide you through the process: