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.”
The post SolaREIT Closes on $30M Revolving Credit Facility with Atlantic Union Bank appeared first on Solar Industry.
SolaREIT Closes on $30M Revolving Credit Facility with Atlantic Union Bank
Renewable Energy
Has Anything Improved in the Last Two Years?
It depends on what you believe.
Fox News will tell you that our southern border is no longer being overrun, that we’ve discovered that vaccinations are unsafe, that we’re standing up against Sharia Law, we’re preventing Iran from building a nuclear weapon, prices are coming down (or soon will be), Trump is an honest and effective servant of the American people and that the U.S. is once again respected on the world stage.
We live in a country where tens of millions of idiots believe every word of this.
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Uptime’s Takeaways from Hamburg 2026
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Uptime’s Takeaways from Hamburg 2026
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A Relief to be around Like-Minded People
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He and his wife had the conversation one would expect from such people:
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relief.
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