KfW s €4 Billion Green Bond Scored E1/75 On Green Transaction Evaluation
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KfW s €4 Billion Green Bond Scored E1/75 On Green Transaction Evaluation
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LINCOLN, Neb., April 5, 2021 /PRNewswire/ Nelnet Renewable Energy, a leading solar tax equity investor and fund manager, today announced the completion of a $9.9 million solar tax equity investment into a portfolio of projects in the Northeast with three co-investors. The investment received an E1 rating on its Green Transaction Evaluation from S&P Global Ratings for its Environmental, Social, and Governance (ESG) impact.
The portfolio of projects financed by the co-investment is expected to generate over 19,900 megawatt hours (MWhs) of solar energy per year for a portfolio of community solar subscribers – renters, homeowners, and businesses – in the state of New York. Over their 35-year lifecycle, the solar projects are expected to offset 332,000 tons of carbon in New York and New Jersey, which is the equivalent of burning 332 million pounds of coal.
Nelnet Renewable Energy Partners with Three Co-Investors to Complete $9 9 Million Solar Tax Equity Investment in the Northeast
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