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
The Catastrophic Shift in America’s Impact on the World
It’s not as if the United States has held the moral high ground throughout its history, with its slavery, the butchering of the Indians, Jim Crow, the support of tyrannical dictatorships around the globe, and the corrupt suppression of the working class in favor of Trump’s billionaire donors.
Yet, it was very recently that the entire nation became a force for the destruction of civil society.
Renewable Energy
We’re Running Out of Time
There really are threats to human civilization that seem to be mounting in intensity:
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Addressing the point made at left, is there any scenario in which world governments agree to cooperate so as to stave off the end of an organized society here on Earth? One supposes so, though it sounds far-fetched in today’s world in which the leaders of most of the 200+ sovereign nations are trying so desperately to cling to power.
Renewable Energy
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Obviously, James Carville has been wrong before, but it appears that he’s onto something here.
An ever-increasing number of Americans are realizing that Trump is criminally insane, and is leading this nation to destruction.
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