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
Losing My Religion
Some may find the claim at left compelling.
But consider Japan, China, the Czech Republic, Denmark, Norway, Sweden, and Finland that are almost completely atheist. The other nations in Western Europe have also steadily moved away from religion.
Have they “lost their countries,” or is this a present-day scare tactic directed by fear-mongers, just as it has been since the Dark Ages?
Renewable Energy
Is It Odd that Many Words in English are Supernumerary? Or Is that Superfluous? Extraneous? Unnecessary?
Not at all.
English has an uncountable thousands of words it doesn’t need. If you don’t believe me, check out “A Word a Day,” and learn the meanings of words that are completely useless. The last two days brought us:
- April 14: Flocculent (adjective: having a fluffy, woolly texture).
- April 13: Impetrate (verb: to obtain by request or entreaty).
Maybe this impressed people a century ago, but if I wrote that a sheep was flocculent, I think you’d be rolling your eyes.
While some English speakers 400 years ago were discovering gravity, developing calculus, using newly minted telescopes to explore our solar system, and refining our understanding of logic as originally put forth by Aristotle, others were inventing words for groups of animals.
Sure, it’s useful to have words like “pack” (for dogs), “herd” (for cows and horses), “flock” (for birds), and perhaps a few others. But what about a group of owls (a parliament), flamingos (a flamboyance), or ferrets (a business)? And that’s just the beginning.
By contrast, Spanish has too few words, IMO. For those interested, here are the 15+ possible meanings in English of the verb “llevar.” As someone who made an honest attempt to learn the language, I’d go into panic mode when someone would say something with any conjugation of that verb. S***! Is he talking about wearing something, Giving someone a ride? Bringing something? Getting along well with someone? Stealing something?
Renewable Energy
The Universe Doesn’t Care About Us
If you believe that a loving God has a plan for you, and is steadily guiding you towards happiness, then you disagree with the assertion here.
The rest of us are forced to admit that the universe is cooly indifferent to us and the outcome of our lives here on Earth.
This doesn’t mean, btw, that our lives are meaningless, but it does compel us to create our own meaning as we make our choices as we go along.
Another point to be made here is that there is no “galactic cavalry” that is going to come charging in, guns ablazing, to save us from the criminal insanity of the Trump administration.
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