The Washington Business Journal recently highlighted the growth of our staff and the recent success of Sol Systems’ project finance business.
After beefing up on people and projects, solar finance firm Sol Systems LLC is moving late next month into new, bigger offices in D.C.’s Dupont neighborhood.
The company, which has facilitated financing for 10 commercial-scale solar energy systems in the past three months, is moving from its 1,872 square foot space on Massachusetts Ave. NW to a 5,209 square foot space at 1718 Connecticut Ave. NW.
It needs the space. The company, which posted $9.1 million in 2012 revenue, has recently brought on five new hires, including Ben Margolis, director of project finance, increasing its staff to 18.
To date, Sol Systems has facilitated financing for about 54,070 kilowatts of solar capacity, worth some $270 million. It also manages solar renewable energy credits for 3,857 solar energy system owners.
About Sol Systems
Sol Systems is a boutique financial services firm that offers investor clients direct access to the renewable energy asset class and provides developers with sophisticated project financing solutions. Founded in 2008, Sol Systems focuses on meeting the most critical needs of the industry, including SREC monetization, capital placement, tax equity, and New Market Tax Credits. To date, the company has facilitated financing for thousands of projects and hundreds of millions in investment on behalf of Fortune 100 companies, private equity, family offices and individuals. For more information, please visit www.solsystemscompany.com.