Solar Power Partners Raises up to $215M in Funding
04/29/2010
The investment will support the company's nationwide growth in both commercial and utility markets. Project financing remains the key issue in the execution of solar projects, and this funding allows SPP to continue adding to its operating project portfolio, say company leaders.
"The SPP team continues to excel in executing with key lender and investor relationships," said Bob Powell, president and CEO in a press statement.
"This round of funding allows us to continue our track record of project execution, and will more than double our installed system capacity."
SPP provides industry-leading system modeling, design, engineering, and construction management, and long-term operations and maintenance. Solar Power Purchase Agreements (PPAs) allow customers to use clean solar energy without any upfront capital, while removing the risk of ongoing operations and maintenance. SPP's systems to date all produce at or above the expectations of both investors and customers.
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024