SolarBank has entered right into a mortgage settlement with Seminole Monetary Providers for an preliminary $2.6 million building to mini-perm mortgage that’s slated for use for finishing building of the three.79 MW Geddes Challenge, situated in upstate New York.
The corporate will personal and function the mission, anticipated to start manufacturing later this yr.
The mission, constructed over a closed landfill, can be operated as a neighborhood photo voltaic mission as soon as full.
