SolaREIT has closed on a revolving credit facility with Atlantic Union Bank (AUB), providing the company with an additional $30 million of liquidity and allowing it to scale the business.
The Virginia-based company provides developers and landowners with capital solutions for solar or battery storage development on their land. It is the second revolving credit facility the partners have closed with AUB, the first being a $15 million facility announced last year.
“We’re thrilled to partner with Atlantic Union Bank again to provide financing solutions to clean energy developers,” says Laura Klein, CFO of SolaREIT. “The financing landscape is evolving for solar and BESS developers quickly, and developers need the financial flexibility that SolaREIT can provide. The revolving credit facility with Atlantic Union Bank allows us to continue to expand our offerings to support clean energy projects across the country.”
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SolaREIT Closes on $30M Revolving Credit Facility with Atlantic Union Bank
Renewable Energy
Disinformation: The Currency of the Trump Administration
As we’re all aware, humankind carries around a cognitive bias in the form of seeking out information that confirms what we already believe, and the author of the meme at left has created a textbook example.
Each line conveys a deeply misleading concept about the political left.
Having said this, we live in a time in which disinformation surrounds us at every turn. It’s an industry, just like banking, IT, and manufacturing.
My favorite: “riots and chaos.” lol
Renewable Energy
Assessing Trump’s Sanity
If you still think that Trump is sane and an honest servant of the American people, even after all this, you have something profoundly wrong with you.
Renewable Energy
What Are the Limits to Presidential Power, if They Exist at All?
Haven’t we all wondered about this?
Obviously, there are limits to presidential power as set forth in the U.S. Constitution, which Trump is exceeding almost every day. But can he rename the U.S. Capitol the “Donald J. Trump Capitol Building?”
He holds himself on par with Washington and Lincoln. Can he put his name on their monuments?
What Are the Limits to Presidential Power, if They Exist at All?
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