Florida-based Seminole Equity Partners (SEP) has closed on two new tax equity transactions, enabling the funding of approximately $25 million worth of solar systems in North Carolina.
The North Carolina transactions represent the first such tax equity financing investment between SEP and Asheville, N.C.-based FLS Energy, a solar energy provider that owns and operates a portfolio of solar energy assets throughout the U.S.
Under the agreement, the transactions will benefit from the federal investment tax credit and North Carolina state energy tax credits.
