SolaREIT Announces New Debt Facility for Solar and Battery Energy Storage System Real Estate Lease Financing
Summary
The new debt facility represents a strategic milestone for SolaREIT as the company expands accessibility to real estate lease financing solutions for solar and battery storage (BESS) developers. This facility is repeatable and scalable, allowing SolaREIT to optimize its capital structure and deliver competitive options to developers nationwide. Our debt facility with MIM allows us to rapidly expand our real estate financing solutions to clean energy developers, improving underlying project economics," said Laura Pagliarulo, CEO of SolaREIT. "The solar and BESS markets are growing exponentially, demanding ever-expanding access to real estate financing solutions. Since its founding in 2020, SolaREIT has provided real estate financing solutions for more than $2.5 billion of solar and BESS projects across the country.SolaREIT, based in Virginia, is an innovative real estate company focused on delivering financing solutions for solar and battery energy storage developers.