SolaREIT Surpasses Financing for $3 Billion of Solar and Battery Energy Storage Land - Batteries News

SolaREIT Surpasses Financing for $3 Billion of Solar and Battery Energy Storage Land

Leading Clean Energy Real Estate Investment Company Celebrates 4th Anniversary with Milestone

VIENNA, Va., Nov. 12, 2024 /PRNewswire/ — SolaREIT™, a solar and battery energy storage real estate investment company, has surpassed a major milestone in providing solar and energy storage real estate financing for projects valued at more than $3 billion since its founding. The company, which is celebrating its fourth anniversary, provides practical, streamlined capital solutions for financing solar and storage land, delivering maximum flexibility based on clients’ individual needs, financial goals, and vision for their land. The $3 billion milestone encompasses projects in eighteen states.

Laura Pagliarulo, CEO and co-founder of SolaREIT, said:

We founded SolaREIT four years ago with the goal of helping solar and BESS developers utilize the real estate under their projects to improve economics. Surpassing $3 billion in project value affirms that vision,

“With terawatt-scale growth projected in the coming decade, developers need a partner that understands their business and can help them leverage real estate in accretive ways.”

Solar and energy storage development are increasingly capital-intensive. SolaREIT provides financial solutions to developers and project owners that allow them to monetize land and lease value, free up capital, or reduce lease costs. The company’s three primary products, land purchase, lease purchase, and solar and storage land loans, are available in all 50 states.

For more information: https://www.solareit.com

READ the latest Batteries News shaping the battery market

SolaREIT Surpasses Financing for $3 Billion of Solar and Battery Energy Storage Land, source