New Energy Equity closes 7 MW landfill solar project with National Energy Development solarbuildermag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from solarbuildermag.com Daily Mail and Mail on Sunday newspapers.
“Every solar deal is different, and our industry needs expanded land financing solutions to fit the diverse needs of our partners. With our Pre-Paid Lease, landowners now have a wider range of ways to be compensated,” said Laura Pagliarulo, President of SolaREIT. “Expanding financial options to solar developers and landowners is an important part of delivering more solar deals and more clean power.”
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“We needed capital for a landfill we were purchasing to build a solar project, and SolaREIT offered to pre-pay the lease,” says Jim Bodecker, Co-Founder of National Energy Development. “After speaking with other funds, we chose SolaREIT because of their competitive offer and streamlined process, allowing the deal to close smoothly. This landfill project is the first of many projects between our organizations.”