Energy Toolbase, a software program platform for solar and storage builders, and Green Bridge Energy, an funding and know-how platform for clear energy projejcts, have joined forces to supply Northeast-based industrial solar developer RISE with financing for a solar system to power a nonprofit, non-public faculty.
RISE tapped Green Bridge Energy’s financing resolution inside the ETB Developer platform to supply an indicative power buy settlement (PPA) quote for the system that can finance its entirety. The 257 kW solar system will likely be constructed on the campus of a personal faculty in Falmouth, Mass., to assist the college stabilize electrical energy bills and obtain environmental, social and governance objectives.
RISE utilized the direct financing integration inside the platform to deploy Green Bridge Energy’s PPA quoting and was chosen as a part of a aggressive bid course of for turnkey solar funded by a PPA.
All ETB Developer platform customers have entry to the Green Bridge Energy financing integration, which permits builders to immediately generate PPA quotes for C&I and nonprofit solar+storage tasks with out leaving the platform. This resolution eliminates the necessity to go between a number of functions and accelerates modeling, optimizing a financing resolution and deploying tasks.
With over three many years of mixed expertise in solar growth, structured finance and funding, Green Bridge is a prime financier of C&I tasks by way of PPAs and working lease buildings. The firm assists industrial actual property homeowners in deploying clear energy and EV charging infrastructure to create new income streams, greener websites and energy value financial savings at $0 upfront value.
“Working with Green Bridge to provide financing quotes within ETB Developer has been a game-changer for our users getting projects sold faster,” says Matt Cimo, supervisor of the developer channel at Energy Toolbase. “
Green Bridge CEO Byrne Huddleston concurs, including, “The Green Bridge financing partnership with ETB is equipping developers with the certainty of execution, greater operational efficiency and more attractive financing to win more business in the market.”