K2 Clean Energy Capital is pleased to announce the closing of the PACE and prepaid PPA financing for a 450-kWdc, $1.4 million solar PV carport project at the Sunrise Country Club in Rancho Mirage, California.
The Solar Gain West-installed system will offset over 70% of the Sunrise’s power usage and the carports will provide shade from the desert sun at the 18-hole golf and tennis club in the heart of Rancho Mirage.
“Solar Gain West selected K2 Clean Energy Capital to put together the financing for this project. K2’s approach using PACE combined with the pre-paid PPA financing was the most cost-effective approach for Sunrise,” said Roman Black, President of Solar Gain West. “K2 worked closely with our client through each step of the process and simplified the financing for the club.”
“We were delighted to work with Solar Gain West and Sunrise Country Club on this project. Using PACE financing combined with a pre-paid PPA enabled the client to monetize the 30% Federal Investment Tax Credit with no capital outlay by the fine country club,” said Jonathan Pickering, Managing Director and Co-Founder of K2 Clean Energy Capital.
News item from K2 Clean Energy
chris Rea says
Kelly,
That is awesome. I am looking for a supplier of 430w or 450w panels. Do you know of a US supplier that offers these. I am not having any luck surfing the web. I am needing 6,000. Your help appreciated.