SolaREIT Expands Revolving Credit Facility to $60 Million with Atlantic Union Bank and EagleBank — SolaREIT
Summary
13, 2025 SolaREIT, the leading solar and battery storage real estate investment company, announced today the expansion of its revolving credit facility to $60 million through an increased commitment from Atlantic Union Bank (NYSE: AUB) and the syndication to EagleBank (NASDAQ: EGBN). The companys innovative financing solutions help developers and landowners maximize the value of their real estate assets while advancing clean energy deployment. ""This third expansion of SolaREITs credit facility demonstrates both their excellent execution and the robust demand for solar and storage land financing," said John Lester, SVP and commercial relationship manager at Atlantic Union Bank. ""Eagle Bank recognizes the crucial role that innovative financing plays in advancing clean energy development," said Toby Haggerty, SVP and C&I relationship manager at EagleBank. "SolaREITs unique approach to renewable energy real estate financing makes them an ideal partner, and were excited to support their continued growth.