The Summer’s Heating Up…and So Is The Fall…and Winter. Actually, It’s All Too Hot…
Most of you probably know this already, but for those that don’t EN Capital President Nate Whigham used to be a solar power developer.
Nate spent many years working on large solar power projects across the country for the military, hospitals, cities and commercial real estate owners. Solar power is something we here at EN Capital are big fans of, and recent climate spikes only fuel the need for more solar power to offset the effects of climate change.
Which is why we’re extremely happy to provide you with information on this new renewable energy lending platform. This group is aggressively deploying funds for both constructing new solar projects and providing term loans on existing projects.
They’ve asked us to help spread the word and since we want your grandkids and our grandkids to be able to go outside we’re telling everyone about this. Financing programs include: ground lease, construction, monetizing renewable energy tax credits, and long term debt solutions. They’re very credit focused and will look hard at the power off-taker.
- Deal Sizes: $5 – $25M
- Up to 75% LTV
- Interest rate: 5.25-5.5%
- Term length: 7-25 years
- Min DSCR: 1.25x
- Program types:
- Ground Lease
- Tax Credit Investing
- Federal Historic Tax Credits
- State Tax Credits
- Perm Loans
If you have a deal that meets these criteria, then we should talk. Click here or shoot us an email at Justin@encapital.com and let’s get started today!