Sol Systems has arranged financing for a 1.7 MW portfolio of solar projects in Indiana. Solscient Energy built the four commercial projects, each with different landlords, ranging in size from 243 kW to 643 kW.
Solscient Energy is a solar integrator, developer and independent power producer. Sol Systems says its project finance team worked closely with Solscient to market the portfolio before placing the deal with one of its investor clients.
‘After working with Sol Systems' knowledgeable team, we realized that we had several financing options, and we could optimize the value of the projects by placing the portfolio with a takeout investor,’ says Solscient co-Founder Granger Souder.
Sol Systems says the transaction represents its focus on investment advisory services to the solar sector.