Solar and Renewable Energy Financing

At AVANA Capital we are firm believers in the concept of the Triple Bottom Line (TBL) where projects and companies need to measure the social impact, the economic value and the environmental impact as well. We are committed to the renewable energy industry for the long term as we believe it will not only improve our environment, but it will create value for our company, our investors, our borrowers and the overall economy while benefiting current and future generations by providing them with clean renewable energy.

Our dedicated team of professionals has the expertise to underwrite and provide financing for the following types of projects:

  • Municipal, Commercial & Industrial
  • Community Solar
  • Solar combined with Energy Storage
  • Utility Scale Solar
  • Wind, Other Renewable Energy and Energy Efficiency Projects

We offer project developers and their tax equity partners a first-class lending experience and in the past year we have executed on the following renewable energy finance structures:

  • Inverted Lease Structures
  • Partnership-Flip Structures
  • Sale-Leaseback Structures

A Few Reasons Why Working With Us is a Bright Idea

  • Flexible terms; longer than standard amortizations
  • Utility-scale projects from 5- 25MW and ability to work with multi-site bundles of any size
  • Projects ranging in size from $2M to $50M
  • National lending footprint
  • Significant funding resources that grow with your needs

TYPE OF TERM FINANCING AVANA CAPITAL SUPPORTS

Sale Leaseback
  • Term: 7 to 10 years
  • Available for developers who cannot monetize the tax credit
  • Multiple Financial Partners
  • Loan Size: Up to $25M
Conventional
  • Term: 10 to 20 years
  • Can include multiple revenue streams (PPAs, SREC, etc.)
  • Multiple Financial Partners
  • Loan Size: Up to $25M
US Department of Agriculture (REAP)
  • Rural Energy for America Program (REAP) Term: 15 years or useful life
  • Loan Size: Up to $25M
  • Up to 85% loan guarantee
  • Guarantee fee: 1% & 0.25% annual renewal
  • 25% Equity requirement
USDA Department of Agriculture (B&I)
  • Business and Industry (B&I)
  • Term: 15 years or useful life
  • Loan Size: Up to $25M
  • Up to 85% loan guarantee
  • Guarantee fee: 3% & 0.25% annual renewal
  • 25% to 40% Equity requirement

RECENTLY FUNDED SOLAR DEALS

SolRiver

Amount: $3.3M
Size: 1.7 MW
Location: Ohio

PineGate

9 Projects
Amount: $52M
Size: 31.8 MW
Location: Various Locations

Norwegian Energy

3 Projects
Amount: $20.2M
Size: 10.3 MW
Location: Various Locations

Enerparc

Estimated Budget: $9M
Size: 5.7 MW
Location: Gastonia, NC

RECOM

Estimated Budget: $11M
Size: 5.7 MW
Location: Long Island, NY

Juniper Solar

Estimate Budget: $4.9M
Location: Petaluma, CA

Contact Us Today!

To learn more about our renewable energy financing options, contact:

Walter Cuculic, SVP Renewable Energy
walter@avanacapital.com

Complete the form below

Call Our Client Services Team

877.850.5130

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