Energy Toolbase is launching a brand new monetary integration characteristic on the ETB Developer platform, which permits customers to generate instantaneous financing quotes from third-party monetary suppliers. This launch and performance will streamline the iterative technique of producing financing quotes, permitting venture builders to extra effectively mannequin and shut solar + storage tasks.
The software program platform is utilized by venture builders, energy service firms and Fortune 500 organizations to optimize and current the economics of solar + storage tasks. For eight years, ETB Developer customers have been capable of configure and mannequin any sort of venture financing resolution, together with a money buy, power buy settlement (PPA), mortgage or lease. This new launch eliminates the necessity to transfer throughout a number of functions to generate a full monetary mannequin proforma, which includes each venture finance specs with prevented value and different venture money flows. This expedites the method and permits builders to optimize financing with the opposite parameters of their venture.
Green Bridge Energy is the primary financing associate integration launching onto the platform. Based in Raleigh, N.C., Green Bridge focuses on offering clear energy financing options, together with PPAs and working leases to the non-residential sector. Typical counterparties that Green Bridge serves embody MUSH markets (municipal and state governments, universities and schools, Ok-12 colleges, and hospitals), nonprofits comparable to church buildings, and C&I prospects (workplace, retail, industrial and warehouse-type services). ETB customers can make the most of the mixing to generate Green Bridge preliminary indicative quotes in all 50 states.
“We are incredibly excited to be partnering with Energy Toolbase and bringing sophisticated capital to the clean infrastructure market and ETB Developer users,” feedback Byrne Huddleston, CEO of Green Bridge Corp. “Providing streamlined access to institutional capital for solar, energy storage, and EV charging projects will allow developers to grow their businesses and drive more margin from their deals.”
“We’re focused on releasing new features that make the modeling process more intuitive and efficient for ETB Developer users,” says Brooke Morales, product supervisor of ETB Developer at Energy Toolbase. “We’re confident that enabling instant quoting all within one platform will enable more projects to be quickly quoted and ultimately closed.”