Agilitas Energy has secured both a construction loan and tax equity financing from 1st Source Bank, to be used towards national expansion efforts in project development.
The financing is slated to help Agilitas Energy connect renewable energy storage projects in Bristol, Vermont, and Patchogue, N.Y., to the grid. The Briston project is operational, with Vermont and Patchogue expected to go live next year.
The revolving credit facility is set to finance Agilitas Energy’s equipment acquisition costs and interconnection deposits for project development phases.
“1st Source Bank is proud to support Agilitas Energy and its full value chain business model as it continues to deliver renewable energy projects to the grid, benefiting local communities,” says Ryan Fenstermaker, division head of Solar Financing at 1st Source Bank.
“The all-in-one debt and tax equity product at 1st Source Bank, along with our flexibility and responsiveness, continues to be innovative in the marketplace, helping to advance the energy sector on a variety of asset classes and financing structures.”
The post Agilitas Energy Secures Strategic Financing from 1st Source Bank appeared first on Solar Industry.
Agilitas Energy Secures Strategic Financing from 1st Source Bank
Renewable Energy
Wrong State
Minnesota is home to intelligent, well-educated people whose approval of Trump is lower than that of toenail fungus.
If Lindell wants to lead a state, he needs to choose one at least 800 miles away. Oklahoma?
He may also want to consider that Trump is easily the most detested person in this nation.
Renewable Energy
The Existence of God
I wouldn’t say that the burden of proof lies on religion. No one knows how the universe got here.
The Big Bang was an event in which there was no chaos, no “entropy,” as we say in thermodynamics. How did all this orderliness get there 13.87 billion years ago? No one knows. This is an issue in cosmology which is quite likely to outlast human civilization on this planet.
I’m an atheist for a few reasons, one of which is that saying that God created the universe doesn’t get us any closer to an understanding of the cosmos, if only because it raises the question: Who made God?
More to the point, there are hundreds of moral reasons to disbelieve in God. Each year, 9 million children will die unbaptized on this planet before their fifth birthdays. In the bible, we learn that God punishes them all with an eternity of torture in hell. To what sort of weirdo does this make sense?
Renewable Energy
We’re Having Trouble Thinking
At left we have another good reminder that our cognitive biases can render us incapable of thinking critically.
Some of us believe anything we want to.
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