Falck Renewables S.p.A. has closed on a sale that will see the company acquire a 99% stake of the partnership that owns the Class B membership interest of a 92MW PV project in North Carolina.
Falck paid approximately US$43 million to acquire the stake in the project from Recurrent Energy, a subsidiary of Canadian Solar.
In April 2017, debt and tax equity financing for the project was secured from Prudential Capital Group and U.S. Bancorp Community Development Corporation.
The PV installation, which reached commercial operation at the end of September 2017, is currently providing electricity to Duke Energy Progress under a power purchase agreement.
Recurrent Energy is providing asset management services to the project, while DEPCOM Power is serving as the operations and maintenance contractor. DEPCOM also provided EPC services for the project.
Toni Volpe, chief executive officer of Falck Renewables, said: "The closing of our first deal in the US energy market represents a major milestone for our team who has been working relentlessly from the beginning of the year on strategic geographic expansion. Recurrent Energy has been an outstanding partner on our first opportunity to grow our assets outside Europe."
Input your address to see if it is solar friendly and how much you can save with solar.
Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.
| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
|
You design, we deliver. Enjoy solar! Get Started |
CompanyAbout Solar QC Contact us Career Promotion Program |
About SolarSolar Beginner 101 Solar QC Blog News Feed FAQ |
How It WorksEasy Step 1234 2 Min Design DIY Price Checker Design DIY |
Installer Sign UpSign up to receive more high quality fresh leads. Sign up now |
|
Go Solar with Solar QC. There’s no need to shop around since Solar QC directs manufacturers to our customers with the best prices in solar industry.
|
Solar InstallerInstaller Review Join Us Finance |
ProductPanel Inverter Racking BOS |
World Class BrandCanadian Solar Solar Edge Dual Rack |
Installer APP DownloadIOS Ipad Android |
Term & Condition• Privacy Policy• Site Map• COPYRIGHT © SOLAR QC 2016 - 2024 TEL:(818) 254-8209
Welcome to the Solar QC Website. This site equips homeowners with information regarding the most effective solar products and provides access to expert solar installers and manufacturers. The information listed in the Terms & Conditions provides a list of the services provided by solarqcgroup.com with specific user obligations in reference to content, conduct, company disclaimers, copyright, and privacy. The Terms & Conditions described are designed to protect the users and solarqcgroup.com. By accessing this website, the user automatically agrees with the content of the Terms & Conditions.
A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
Comments