At Sol Systems, we believe in fostering long-term relationships with our developer partners as opposed to transacting one-off deals. These partnerships lead to a higher likelihood of project success, a quicker and more efficient closing process, and lower overall transaction costs to increase competitiveness of capital.
Many developers often face trouble when competing against large national developers for portfolios and large-scale projects. Although these national developers bring strong capital to the table, they often lack the local connections that regional developers possess, and will contract work which leads to expensive transaction costs and more time-consuming processes.
To help give regional developers a leg up on the competition, we provide the additional development support and assistance to help our regional partners bolster their project proposals when competing for these opportunities and bring these efficient, locally-developed projects to the finish line.
Preferred investment criteria includes:
- 1MW+ projects or portfolios
- That can reach substantial completion in the next 9-12 months
- Subject to minimal SREC risk
- That have or will have offtake
- Offtake is investment grade (or equivalent)
- With a clear, realistic development path to NTP