Advantage Capital Solar Partners III, LLC announced that it completed a solar investment tax credit financing to support Generate Capital’s development of four community solar projects in New York, representing 11 megawatts in generating capacity.
"We are proud to partner with Generate Capital, a leading platform for sustainable infrastructure,” stated Carl Weatherley-White, managing director and head of renewable energy investments at Advantage Capital. “By supporting their growth, we are also able to fulfill our mission of deploying capital with strong operating partners to provide our investors with predictable, stable returns, while improving community access to clean energy.”
“Our partnership expands our ability to scale the adoption of infrastructure built with distributed, clean, renewable assets,” said Peggy Flannery, Principal at Generate Capital. “This financing will enable Generate to deliver New York residents with solar power that is more affordable, reliable and sustainable than other energy alternatives.”
Advantage Capital | http://www.advantagecap.com
Generate Capital | http://www.generatecapital.com