Solar News; PowerFin Announces Capacity to Fund Over $100 Million of Solar Projects

PowerFin Partners to Fund Large Commercial and Utility-Scale Solar Projects

Category: Investment, Solar, Renewable Energy

Visit this company: www.powerfinpartners.com

AUSTIN, Texas - July 8, 2010 (Investorideas.com renewable energy/green newswire) - PowerFin Partners, LLC ("PowerFin"), a manager of institutional funds for renewable energy assets, announced today that it now has the capacity to fund over $100 million worth of commercial and utility-scale solar projects in the US and Canada.

Through its investment in solar projects, PowerFin enables companies throughout the solar value chain (integrators, developers, equipment providers, and other capital sources) to grow their businesses. As part of the funding process, PowerFin provides all of the necessary contracts (PPA, EPC, O&M, Site Lease, etc.) and engineering for full execution and operation of the solar-generating facility.

"There is a lot of excitement in the solar industry right now; but, confusion about incentives, power prices, and the value of solar, are holding the industry back," said Tuan Pham, Managing Director and President of PowerFin. "We believe that our experience in valuing energy assets will enable the completion of more bankable solar projects and help open solar markets to more investors and customers. We look forward to providing the institutional infrastructure and investment discipline needed to accelerate the growth of this important industry."

For integrators, developers, and others seeking capital for solar projects:

PowerFin is looking for projects over 2 MW (DC) in size and for which the permitting is nearly complete. Any single project can cover a minimum of approximately 300,000 square feet, which can be spread across as many as four different sites. Please send an email to info@powerfinpartners.com or visit the "Solar Financing Quote" section of our website.

About PowerFin:

Founded in 2007, PowerFin is a privately-held investment company. The company's management team is comprised of professionals with significant experience in energy banking, asset management, legal and regulatory affairs, and management of power-generating assets. For more information, please visit www.powerfinpartners.com.

Contacts

PowerFin Partners, LLC
Michael Holland, 512-394-8761
info@powerfinpartners.com

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