North Avenue Capital’s Post

We all know renewable energy is more efficient and cost-effective, however, the price tag that comes with the initial installation seems steep for many rural businesses. Thankfully, North Avenue Capital offers solar energy financing through the USDA Rural Energy for America Program (REAP). ☀️ 👉 USDA REAP offers government-guaranteed loans to agricultural producers and rural small businesses to upgrade, replace, or construct energy-efficient systems. NAC offers competitive terms with loans starting at $2 million. 😎 Learn more about Solar Energy Loans from NAC. ⤵️ https://lnkd.in/g2JNESxA … #looknorth #usda #usdabusinessloans #usdareap #usdareaploans #solarenergyloans #solarenergy #solarfinancing #reap #reaploans #usdaloanprograms #rural #ruralenergy #ruralenergyloans #financialservices #lending

🎉SolarBank NEWS #SUUN:NASDAQ / #SUNN:CBOE NEWS🎉 🎯US$2.6 Million Loan Secured by SolarBank for Geddes Project🎯 ✅TORONTO, June 24, 2024 ✅US$2.5 Billion in capital for Renewable Energy projects across the United States has been directly funded by the lender - Seminole Financial Services 3.79 MW Geddes Project is largest project to date to be owned by SolarBank Over 500 homes expected to be provided with green energy once operational ✅This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024 to its short form base shelf prospectus dated May 2, 2023 TORONTO, June 24, 2024 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the Company") announces that it has entered into a loan agreement with Seminole Financial Services, LLC ("Seminole") for an initial US$2,600,000 construction to mini-perm loan (the "Loan") that will be used to complete construction of the Geddes Project located in Upstate, New York (the "Project"). Seminole was founded with the goal of financing Renewable Energy and Real Estate projects. To date, Seminole has directly funded over US$2.5 Billion in capital for Renewable Energy projects across the United States. ✅The Project is expected to become operational and being producing power during the third quarter of 2024 and the Company will own and operate the Geddes project. The Project which has a designed capacity of 3.79 megawatts (MW) DC is repurposing a closed landfill, addressing two critical challenges: the need for clean energy and the transformation of contaminated sites into valuable assets........ 👉Full PR https://bit.ly/4eCYr5O 👉Visit Them www.solarbankcorp.com #esg #esginvesting #solar

USA BioEnergy to submit $1.63bn loan application with US DOE USA BioEnergy has announced that its Texas Renewable Fuels has been invited by the US Department of Energy (DOE) Loan Programs Office (LPO) to submit a Part II application for a proposed $1.63bn loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee Program. “Provided that our application is approved, we plan to combine it with tax-exempt bonds through our lead underwriter, Citi, and our co-underwriter, Stifel Financial Corp.. The appeal of the loan guarantee program funding is that it offers the lowest cost of capital, which becomes monumentally important when funding infrastructure-sized projects,” said Nick Andrews, CEO, USA BioEnergy. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation #SustainableTravel Read full below. https://lnkd.in/gSDVpTvV

Energy is expensive – so is replacing or improving energy-inefficient equipment. Thankfully, the USDA Rural Energy for America Loan Program (REAP) can help. ☀️ 👉 North Avenue Capital offers financing solutions to help rural small businesses and agricultural producers tap into specialized government-guaranteed funding. Whether your business is looking to construct a solar farm, build wind turbines, or upgrade and replace energy-inefficient doors and windows, a REAP loan from NAC could be the key to unlocking your financial potential. 🔐 Learn more about REAP Loans from NAC. ⤵️ https://lnkd.in/d9PCN65f ••• #looknorth #usdabusinessloans #usda #usdareaploans #usdareap #reap #reaploans #ruralenergyloans #renewableenergyloans #solarloans #greenenergyloans #cleanenergy #ruraldevelopment #usdaloanprograms #rural #ruralbusiness #ruralamerica #financialservices #lending

A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that #Rajasthan remained the largest beneficiary of renewable energy lending in the country. Climate Trends Centre for Financial Accountability #marketresearch

STUCK IN A RUT?..... Not this week, its only Wednesday but its been a busy start to the week providing advice on a wide range of matters including: ➡️ Inspecting land affected by water and electricity utility works. ➡️ A site meeting in Wales with Jack Jones discussing on farm renewable energy, BNG and commercial diversification opportunities. ➡️ A valuation inspection for IHT purposes. How's your week going? ##Rostons #surveyor #utilities #valuation #inheritancetax #opportunities

Investment Options in Renewable Energy segment - Solar/ Hydro/ Wind/ Thermal 1. Strategic Equity partner: The equity partner buys equity in the project post analyzing the valuation of the project and the remaining could be sourced by a international fund as debt (Debt would be arranged on merit of investor). 2. Debt Finance: We can arrange debt from a reputed bank or NBFC who are operating in this segment. 3. JV Partner: The JV partner funds the entire cost of the project and takes the majority of the shares. Pre-requisite where funding is possbile are as follows: - All Approvals should be in place. - PPA should be signed or LOI in place. - Land should be owned if leased then lease agreement should be in place. - Promoter should have contributed atleast 15 to 20 % of total project cost. To know more about it connect with us at info@nightowlfinserv.com or comment interested. #investment #finance #project #funding #renewableenergy #solar #bank #carbonneutrality #carboncredits #renewables #renewablesindustry #renewablepower #solarenergy #windenergy #biomass #thermalenergy #solarpower #renewablefuture #renewableenergies #carbonemissions #carbonfootprint #carbonfree #windmills #hydroenergy #greenenergy #greenhydrogen #greenfinance #powersector #funding #greenfinancing

* Let’s Discuss * During the Prospector Developers Association of Canada (PDAC 2024) event this week, there has been plenty of discussion regarding transitioning from gold to more renewable net zero energy sources. What will this transition mean for the industry, and how can companies best prepare for this shift in 2024 and beyond? Let us know your thoughts in the comments below! #PDAC2024 #PDAC #thedriller #drillermag #thedrillermag #drillermagazine #thedrillermagazine #PDAC2025 #getechnicaldrilling #environmentaldrilling #geotech #getechdrilling #prospector #renewableenergy #netzeroenergy #sustainableresources

Greenbacker Secures $437mn to Repower US Wind Farms, Gains 40% ITC Boost Through Sale-Leaseback Deal Greenbacker has successfully secured a $437mn financing package to support the repowering of its key utility-scale onshore wind assets in Iowa and Minnesota. 📍 Project Details: -- Elk Wind Asset: 42.5 MW, Iowa -- Hawkeye Wind Project: 37.5 MW, Iowa -- Community Wind South Project: 30 MW, Minnesota 💼 Innovative Financing Structure: – Composition: The financing includes $355.7mn in long-term debt and tax equity from Huntington National Bank through sale-leasebacks, complemented by $81.5mn in construction bridge loans from BayernLB. – Strategic Benefit: The structure allows Greenbacker to receive more funds upfront while combining the advantages of tax equity financing and back leverage lending into a single deal. 📈 Enhanced Investment Tax Credit (ITC): Projects benefit from a 40% ITC, combining the standard 30% with an additional 10% for using domestically manufactured components, promoting local industry and sustainable practices. 📊 Broader Financial Activity: This deal marks the largest US-based financing for Greenbacker, following significant investments in other renewable projects like the $92mn debt Holtville BESS and the $148mn loan for the 200 MW Appaloosa I solar farm. #RenewableEnergy #GreenFinance #WindPower #Sustainable #CleanEnergy #EnergyTransition #ProjectFinance #RenewableProjects #Greenbacker

From Josie Osborne, BC’s Minister of #Energy, Mines and Low Carbon Innovation: “Hey Alberta #Renewables Industry - come invest in BC! We are launching a competitive call for power in April (the first of many). Looking for 100% clean #wind and #solar with First Nations participation. Let's create jobs while #electrifying BC's growing economy.” My thoughts exactly. BC is prioritizing #electricity generation, #transmission, distribution, and storage #infrastructure as the backbone of our growing #cleaneconomy. Importantly, BC’s government and renewables industry have a positive working relationship and are collaborating on key files like #permitting reform and Indigenous equity to make BC competitive⚡️ #BCpoli #ABpoli