Real Goods Solar Inc., an engineering, procurement and construction provider for residential and commercial solar installations, has launched a new financing program between Alteris Renewables and KeyBanc Capital Markets, the investment banking arm of KeyCorp., to fund commercial solar installations.
According to Real Goods Solar, this new financing alternative will allow the company to be more competitive in the market and provide host customers with a seamless process.
These projects will require minimal capital investment from Real Goods Solar while delivering a stream of long-term revenue and cashflow. The multi-year financing program will be available nationwide for distributed-scale solar systems with host customers that have a strong credit profile. Key will provide the financing for the transactions.