Renewvia Vitality Corp. has executed a $15 million growth mortgage for large-scale utility photo voltaic tasks with Treehouse Growth Finance.
Renewvia is creating a 2 GW pipeline of photo voltaic and storage tasks, consisting of 150 MW to 450 MW within the TVA, MISO and SERC areas. The partnership aligns with the corporate’s mission to drive the transition to scrub vitality options, in addition to convey financial advantages to rural communities throughout the U.S.
“Securing a major capital dedication from a dependable financing associate will speed up our purpose of deploying important quantities of photo voltaic throughout the U.S.,” says Seth Stulgis, Renewvia’s director of growth.
“The Renewvia group has important expertise within the renewable vitality sector, together with growth, development, and financing. We’re excited to assist their long-term growth technique and sit up for serving to them obtain their enterprise targets as they develop utility-scale clear vitality tasks within the southeast United States,” provides John Brown, chief growth officer at TDF.