Helios Infrastructure (Helios) is a joint venture of Sol Systems and Nationwide. The initial objective for Helios is to acquire, develop, build, and own over 330 MW of utility and commercial solar assets throughout the United States by the end of 2019. Once successful, the aim is to expand the platform thereafter.
The Solar Asset Class
The solar project asset class provides rich ground for investors seeking compelling risk-adjusted returns. With respect to real estate and other infrastructure, solar project investments compare favorably from both a risk and returns perspective.
Congress has set the Investment Tax Credit (“ITC”) for eligible solar projects at 26%. Investment returns (inclusive of tax benefits) are often better than other tax-advantaged vehicles such as LIHTC.
Solar Equity Investments and Ownership
Sol Systems works to acquire projects on behalf of cash equity investors such as utilities and proprietary funds. To date, Sol Systems has delivered over $250 Million of solar projects with Power Purchase Agreements (PPAs) to strategic investment partners.
Diligent Asset Management
As our company has grown, our asset management role has matured to provide investors with required third-party support to manage and monitor their assets, and ensure that financial and operational performance meet expectations.