Long-Term Capital Partnership Reinforces SolaREIT’s Scalable Model and Market Momentum
SolaREIT, a leading solar and battery storage real estate investment company, announced today a new long-term debt commitment with SLC Management, the institutional fixed income and alternative asset management business of Sun Life Financial Inc. The agreement establishes a $200 million debt facility to support SolaREIT’s innovative land financing solutions for solar and battery energy storage system (BESS) developers nationwide. The capital will be used to expand deployment of SolaREIT’s core offerings: solar and storage land purchases, lease purchases, and land loans.
“This partnership with SLC Management strengthens our ability to…