CLEAN TECHNICA | Standard Solar announced recently that it closed a tax equity commitment for up to $105 million to fund distributed generation (DG) solar projects. These projects will be in the following five U.S. states: Arizona, California, Massachusetts, New York, Rhode Island.
The financing was secured through tax equity commitments from Fifth Third Bank, National Association, and IBERIABANK. There are a total of nine projects in the portfolio and they are a mix of community solar and traditional DG projects.
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