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
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According to a recent poll conducted by Emerson College, if the election were held today, Mike Lindell would lose to Amy Klobuchar by a margin of 53% to 31%.
Now, exactly what does that translate to in terms of a probability of Lindell’s winning? I’m unaware of a scientific method of making that calculation, but it can’t be more than 1 or 2 percent. Perhaps the same as a three-legged horse winning the Kentucky Derby this coming May.
Minnesota is one of the least favorable states in the union for a moron Trump supporting liar, who lost a $2.3 million defamation suit when he claimed that Dominion Voting Systems had rigged the 2020 election in favor of Biden.
Sure, California or Massachusetts would be worse, but most Minnesotans are well educated and affluent people with solid moral values.
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It’s nice see that the company at left says that its “goal” is waste tire to fuels, rather than that it actually doing so, which would be a lie, albeit one that is commonly told.
About 15 years ago, there were many dozens of organizations working on this, but none of them succeeded, because the a) the technology wasn’t mature, and b) the whole enterprise wasn’t cost effective.
Renewable Energy
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