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
I suppose there are people who believe that the radical left is on a path to make Christianity illegal, and perhaps to install Islam as the official religion of the United States. This is remarkable for two reasons:
a) Every schoolchild in America learns about the First Amendment’s guarantee of freedom of religion at a very young age, and
b) This country made it successfully though 250 years with no one being ignorant enough to bring up this ridiculous concern.
One would hope that this figure of near 60% would indirectly translate into Trump’s ouster before he can take full control of the U.S. government.
We vote Trump’s stooges out of office in November and replace them people of honor. Trump is impeached, convicted and removed. From there, justice takes its course.
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