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Adam Capital Extends $8 Million Funding 600 Residential Solar Electric Systems

Adam Capital has agreed to extend $8 million loans for solar projects in CA, OR, TX, & throughout the NE US. The funds will be used to install approx. 600 residential solar electric systems under a developer sponsored “loan to lease” structure.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Jun. 28, 2011 - Sonoma CA – Adam Capital Clean Energy Asset Finance LLC has agreed to extend $8 million in loans for solar projects in California, Oregon, Texas, and throughout the NE United States. The funds will be used to install approximately 600 residential solar electric systems under a developer sponsored “loan to lease” structure.

Loan to lease structure: The systems are installed for home owners under a developer owned lease. Developers borrow from Adam Capital so that they can install the systems and then repay the Adam Capital loan via assignment of federal and local cash incentive. Once the Adam Capital loan has been paid off the developer owns the system and all of the future cash flow.

Consumer benefit: The consumer enjoys immediate savings, no out of pocket costs, and long-term electrical costs control. The developer maintains and services the system for the life of the lease.

Environmental benefit: The environmental impact of the Adam Capital loan is extensive. These systems can produce up to 90 million kwh in their usable life. In environmental terms 90 million kwh of safe, clean energy is like planting 5 million trees, removing 5,000 cars, or avoiding 64 million miles of driving*.

About Adam Capital: Adam Capital Clean Energy Asset Finance LLC is the leading provider of clean energy project debt financing to distributive scale projects in the Western US. Adam Capital pools private investor, institutional investor, and bank funds to extend senior secured debt to smaller (less than $10 million) clean energy projects. Adam Capital loans are collateralized by equipment, corporate assets, and anticipated government and utility cash payments.

For additional information contact,

Larry Farris – Senior Loan Operations
Adam Capital Clean energy Asset Finance LLC
larry@adamcapital.com
480-993-5513

www.adamcapital.com

*Radnor Township, PA (www.radnor.com/department/division.asp?fDD=26-269)

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Adam Capital extends credit in the range of $500,000 to $5 million to the green energy developers, owners, power producers, and support industries. The credit, or loans, are secured by significant assets. Once green energy systems are installed, site owners or developers are eligible to receive unprecedented levels of government rebates and industry incentives; these government payments are assigned to and collateralized by Adam Capital to repay the Adam Capital short-term loan.

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Contact Email:
***@adamcapital.com Email Verified
Source:Larry Farris -Senior Loan Operations, Adam Capital
Phone:1-480-993-5513
Address:579 1st Street West
:Sonoma CA
Zip:95476-6638
City/Town:Sonoma - California - United States
Tags:adam capital, , , , green energy projects,
Shortcut:http://prlog.org/11563180
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