SolaREIT has launched a set of capital options for BESS builders, providing land and lease purchases, together with battery storage land loans.
“The capital options we’ve pioneered for the photo voltaic trade are an ideal match for the storage sector at this important time,” says Laura Pagliarulo, SolaREIT president.
“Battery vitality storage builders face challenges elevating improvement and development capital that we may also help with. Storage and photo voltaic are poised for terawatt scale development within the coming decade, however would require a full-suite of capital options to make that development a actuality. At SolaREIT, now we have a deep understanding of those sectors and have constructed the proper land financing options tailor-made to suit builders’ wants.”
The corporate, based in 2020, additionally just lately introduced a $250 million funding from AB CarVal to additional photo voltaic and battery storage improvement.
