is the solar mortgage reit right for me? · short-term solar loans are akin to financing your home...
TRANSCRIPT
Sources: Wood Mackenzie Power & Renewables SEIA
Is the solar mortgage REIT right for me?
Would you benefit from long-term, end-to-end financing package for your projects?
Short-term financing is the most common vehicle in the industry today, and is hindering smaller and mid-sized developers from taking advantage of the industry boom.
Short-term solar loans are akin to financing your home mortgage with a car loan, and result in negative project cash flows from day one. Find out about the benefits you can realize with a long-term financing package.
Mini-perm debt structures, with 4 - 7 year terms, are the most common financing vehicle in the solar industry today, despite the fact that typical PPAs are contracted for 20+ years.
Are you concerned about the impact of the ITC step-down on your business?
Send us a tweet (@Radiant_REIT) or find uson LinkedIn and Facebook (@RadiantREIT). Let us know your plans using the hashtag #solarITC.
Solar project financing is going to change with the ITC step-down. These shifts will open up new opportunities to fund your projects from NTP through the project life, to include tax equity and long term debt at COD.
Are you a developer with a 12-month project pipeline greater than $10 million?
Are you actively developing any C&I or utility projects?
In 2019, the U.S. solar market installed 13.3 GW of solar PV, a 23% increase from 2018. Even as the global energy industry has contracted in 2020, demand for renewable energy resources continues to increase.
Financing with solar mortgage REITs will fundamentally shift how you think about the business of project development.
We finance solar like real estate, offering long-term, end-to-end financing that can deliver the benefits of healthy balance sheets and self-ownership. This enables you to remove capital constraints and grow your business.
Do you know what a solar mortgage REIT is?
If you have industry connections who do fit this criteria, put them in touch with us so they can learn more about long-term financing, like the solar mortgage REIT.