Although there are many challenges around the engineering, procurement and construction of a solar photovoltaic system, financing is perhaps the most difficult of all in today’s tight credit market. We have found what we consider the best financial model in the industry with performance guarantees provided by a Fortune 100 EPC company and funding provided by one of the largest international universal banks in the world.
Option 1 – Joint Venture
- OPA contract administration (Shorex)
- Roof Lease administration (Shorex)
- Design (EPC Partner)
- Build and install (EPC Partner)
- LDC interconnect administration (EPC Partner)
- Insurance and bonding (Finance Partner)
- Ongoing management and maintenance of array (EPC Partner)
- Funding (CAPEX OR OPEX)
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Benefits
- Shared costs and income
- Turnkey project
- Typical return on investment of 11%
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Option 2 – Straight Lease or Ownership through Limited Partnership (LP)
- OPA contract administration (Shorex)
- Design (EPC Partner)
- Build and install (EPC Partner)
- LDC interconnect administration (EPC Partner)
- Insurance and bonding (Finance Partner)
- Ongoing management and maintenance of array (EPC Partner)
- Roof lease model – Income to host (Building Owner)
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Benefits
- Turnkey project – No capital outlay plus monthly lease revenue based on production for 20 years
- Lease revenue can be converted to units in LP
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