New solar marketplace matches projects from solar integrators with project capital from solar investors, to finance commercial, non-profit, and municipal solar projects and aggregated portfolios.
SAN JOSE, California – April 9, 2014. Sustainable Capital Finance Inc., a solar financing firm, announced today the launch of the SCF Suite and a fund, raised specifically for projects submitted within the Suite. The fund, which contains $50 million of committed project capital through SCF’s investor network, is earmarked for projects submitted and approved through the Suite.
The proprietary web-based suite provides the solar industry with a new marketplace dedicated to financing commercial solar projects. The SCF integrator network is limited to organizations that meet its experience and financial strength standards.
Integrator’s projects and investors are linked to the same robust network, which provides integrators with expedited financing decisions and investors with multiple investment opportunities.
The SCF Suite allows integrators to streamline the project funding cycle by gathering all information necessary for SCF and its networked investors to analyze a project or portfolio. The Suite properly prices projects to meet economic benchmarks.
SCF’s investor network consists of hedge funds, private equity, utility companies and other institutional investors. Investors can acquire or invest in projects specific to their unique investment requirements and can form aggregated portfolios consisting of multiple commercial projects, meeting their desired portfolio size. Investors can dedicate less time to reviewing a single project, knowing that a SCF project analyst has previously evaluated the project, based on their investment criteria.
Shiraz Madan, CEO and President of SCF, was quoted as saying:
The SCF Suite is a first of its kind in the solar industry. Efficient and affordable financing has always been the biggest challenge for integrators within the commercial solar space. Our Suite provides an efficient means for integrators to submit and properly price projects in order to obtain financing. A stream-lined, standardized approach allows investors to specify project and portfolio requirements, saving them valuable time and ultimately providing them with economically viable projects. The commercial solar space has been vastly underserved; that’s now going to change.
The Suite is going through a roll-up phase, with access immediately available to the SCF integrator network. Sustainable Capital Finance will be providing online access to the Suite for its investor network in the very near future.
Solar integrators or investors interested in learning more about the SCF Suite can visit https://scf.com to learn more.
For media inquiries, please contact SCF at [email protected].
About Sustainable Capital Finance:
SCF serves as a domestic renewable financing firm, providing financing vehicles and solar expertise in commercial solar. SCF is comprised of experts whom specialize in solar financing and solar development. Relationships with a multitude of investors have allowed SCF to structure solar projects into desirable investment vehicles, catering to the underserved commercial solar market. Sustainable Capital Finance and SCF Suite are service marks of Sustainable Capital Finance Inc.
