Sol Systems has financed a residential solar portfolio for SunPower Corp. The investment will fund over a thousand solar energy systems for homeowners across the northeastern and southwestern U.S. The tax-structured investment is part of Sol Systems' effort to bring new tax equity investors into the solar asset class.
The SunPower portfolio marks Sol System's first tax equity transaction with a portfolio of residential solar energy systems. Sol Systems says it works with insurance companies, banks and utility clients to structure commercial and utility-scale investments and has worked with residential system owners to monetize and/or finance solar renewable energy credits.