
Energy Buy Settlement (PPA) quoted via ETB Developer utilizing Inexperienced Bridge Vitality direct financing integration
Stuart, Florida – Vitality Toolbase and Inexperienced Bridge Vitality have partnered to supply Northeast-based business photo voltaic developer RISE with financing for a photo voltaic system to energy a non-profit, non-public school. The developer tapped Inexperienced Bridge Vitality’s financing answer throughout the ETB Developer platform to supply an indicative Energy Buy Settlement (PPA) quote for the system that may value it in its entirety.
The 257kW / 319kWh photo voltaic system shall be constructed at a non-profit, co-ed non-public school in Falmouth, Massachusetts, to help the power in stabilizing electrical energy prices and reaching environmental, social, and governance (ESG). RISE used direct monetary integration throughout the platform to entry Inexperienced Bridge Vitality’s PPA quote and was chosen as a part of a aggressive bidding course of for turnkey photo voltaic financed by a PPA.
Inexperienced Bridge Vitality financing integration is accessible to all ETB Developer platform customers, permitting builders entry to immediately generate PPA quotes for C&I and non-profit photo voltaic + storage tasks with out leaving the platform. This answer eliminates the necessity to go between a number of purposes and quickens modeling, monetary answer optimization, and challenge deployment. With over 35 years of mixed expertise in photo voltaic improvement, structured finance, and funding, Inexperienced Bridge is a high financier of C&I tasks via PPAs and working lease buildings, centered on driving capital effectivity and scale. to mid-market clear vitality challenge financing.
With market-leading financing options, together with PPAs and working leases, Inexperienced Bridge helps business actual property house owners deploy clear vitality and EV charging infrastructure to create new income streams, greener websites, and vitality value financial savings at $0 upfront value. Inexperienced Bridge expands entry to sustainable clear vitality and excessive availability EV charging to scale back world carbon emissions whereas delivering entry to tax advantages and producing enticing returns in economics for challenge buyers.
“Working with Inexperienced Bridge to supply monetary quotes inside ETB Developer is a sport changer for our customers to promote tasks sooner,” mentioned Matt Cimo, Developer Channel Supervisor within the Vitality Toolbase. “With entry to financing quotes for photo voltaic tasks with only a few clicks and with out having to depart the platform, it empowers our customers, like RISE Engineering, to get the funds wanted for tasks.”
“The Inexperienced Bridge financing partnership with ETB is to supply builders with certainty of implementation, better operational effectivity, and extra enticing financing to win extra enterprise available in the market,” mentioned Byrne Huddleston, CEO of Inexperienced Bridge. . “We stay up for persevering with to develop the out there financing merchandise out there via the ETB platform in 2023 to incorporate EV charging financing in PPA and Lease buildings.”
Concerning the Vitality Toolbase
Vitality Toolbase is an industry-leading software program platform that gives an built-in set of challenge estimation, storage management, and asset monitoring merchandise that allow photo voltaic and storage builders to deploy tasks extra effectively. Vitality Toolbase’s SaaS merchandise are utilized by over 1,000 distributed vitality organizations worldwide. To be taught extra or request a free trial, go to: https://www.energytoolbase.com.
Vitality Toolbase is backed by its mother or father firm, Pason Methods, a number one world supplier of information administration programs and management automation software program for the vitality {industry}. With a world footprint and a 40-year observe report, Pason enjoys one of many strongest steadiness sheets within the {industry} and trades on the Toronto Inventory Alternate beneath the image PSI. For extra data go to: https://www.pason.com.
About Inexperienced Bridge Vitality
Inexperienced Bridge is an funding and know-how platform that mixes best-in-class funding and optimization options for clear vitality tasks within the business and industrial market segments. Based by former Common Electrical executives with over 35 years of fresh vitality infrastructure finance and improvement expertise, Inexperienced Bridge operates as a platform for clear vitality challenge development, funding, improvement, administration, and operations with the purpose of driving the group, scale, and democratization of fresh vitality infrastructure throughout the US. We adapt long-term clear infrastructure enterprise fashions to challenge improvement and financing to convey most worth and confidence to builders, end-users, and the investor group. Study extra: https://www.greenbridge.vitality/