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FEATURED PROJECT FINANCING & CASE STUDIES
Auto Dealer - California
Nonprofit Organization - Midwest
Nonprofit Organization - Midwest
Lancaster, CA
We financed this solar project for the original owners of Antelope Valley Ford & Mazda with PACE - Property Assessed Capital Expenditures. The owners considered tax leases, but ultimately decided on a direct-ownership financing so they would retain the Tax Credit. The financing had reasonable prepayment costs, so it was paid off prior to sale of the dealership.
Nonprofit Organization - Midwest
Nonprofit Organization - Midwest
Nonprofit Organization - Midwest
Austin, TX
This project highlights the importance of flexibility to navigate shifting state, Federal and utility solar policies. At the time we financed this through Technology Credit Corporation on behalf of SunPower, Federal policy enabled us to do this as a lease. Austin Energy limits PPA structures. Today we recommend PACE or a 20 year loan for this type of customer.
Catholic Diocese of Fresno
Catholic Diocese of Fresno
Catholic Diocese of Fresno
House of Worship - PPA
The Fresno Diocese has been a longstanding partnership for us since financing the first project through our initial fund, American Renewable Capital. Fresno and Bakersfield are in relatively high-cost PG&E utility area, so these solar PPAs deliver significant financial savings to customers.
Catholic Diocese of Fresno
Catholic Diocese of Fresno
Catholic Diocese of Fresno
Schools & education - PPA
The solar advisor to the Diocese engineered an innovative, attractive and highly productive Y-shaped solar canopy for many of its projects. This solution addresses parking lot clearances, as well as performance, design and aesthetic considerations for the customer.
Catholic Diocese of San Diego
Catholic Diocese of San Diego
Catholic Diocese of San Diego
St. Patrick School - PPA
Catholic Diocese of San Diego
Catholic Diocese of San Diego
Catholic Diocese of San Diego
St. Mary Magdalene School - PPA
MORE case studies
Healthcare - 502 kW PPA
Hotel: Solar, Roof, Storage - PACE
Industrial ESOP - 1 MW PPA
502 kW
Healthcare - NorCal
ARC & TCC financed the PPA for this project. We maintained our underwriting approval while this project required over 3 years to permit - due to OSHPD, as well as 2 different AHJs.
Industrial ESOP - 1 MW PPA
Hotel: Solar, Roof, Storage - PACE
Industrial ESOP - 1 MW PPA
1 MW
Employee Stock Ownership Plan - NorCal American Renewable Capital, our predecessor, developed a bifurcated financing structure - half PPA, half Prepaid PPA - to provide tax credit monetization, while also keeping River City Bank involved to finance part of the project.
Hotel: Solar, Roof, Storage - PACE
Hotel: Solar, Roof, Storage - PACE
Hotel: Solar, Roof, Storage - PACE
$1.5 mm Solar + Energy Storage
Hotel - NorCal
We financed this project with PACE, to incorporate the roofing, controls, and energy storage elements. Today, we actively finance energy storage through PPAs.
Travel Center - Solar & EV
Private School - 140 kW PPA
Hotel: Solar, Roof, Storage - PACE
Solar + EV Chargers
Travel Center/Gas Station - Central Valley, CA
Our first gas station/travel center project, and first EV fast-charger. Gas stations have historically been challenging to finance. We now have PPA and PACE options for gas stations.
HOA - 1.5 MW PPA
Private School - 140 kW PPA
Private School - 140 kW PPA
1.5 MW - 2 projects
HOA - NorCal
HOAs typically require member votes under their CC&Rs. This 5,000+ homeowner HOA utilized its neighborhood watch to go door to door to do the vote via signature in <3 weeks.
Private School - 140 kW PPA
Private School - 140 kW PPA
Private School - 140 kW PPA
140 kW
Private School - SoCal
ARC & TCC financed this PPA for a private Adventist school. Most private schools have strong balance sheets and can be financed with a PPA, or a PACE/Prepaid solution.
Goodwill - 500 kW Lease
Country Club - 140 kW PPA
Labor Union - 500 kW PPA
500kW - Multiple projects
Goodwill - Austin, TX
Austin Energy utility rules make it challenging to finance nonprofit solar projects. We financed this as a lease in 2013; however, today we recommend PACE in Austin Energy (& LADWP).
Labor Union - 500 kW PPA
Country Club - 140 kW PPA
Labor Union - 500 kW PPA
500 kW
Calif State Employees Association - NorCal
Painted Rock Capital and our predecessor ARC have financed a range of nonprofits: houses of worship and schools, as well as country clubs, HOAs, credit unions. This is our first labor union.
Country Club - 140 kW PPA
Country Club - 140 kW PPA
Private School - 300 kW PPA
140 kW
Country Club - Central Valley, CA
Country Clubs and Homeowners Associations are excellent candidates for solar. With a financed project, Clubs can reduce operating costs. There is no impact on member dues.
Private School - 300 kW PPA
House of worship - 692 kW PPA
Private School - 300 kW PPA
300 kW
Private School - Connecticut
At TCC, we financed this solar project through a long time contractor relationship. The PPA for the school incorporated the Connecticut ZREC incentive in place at the time.
House of worship - 692 kW PPA
House of worship - 692 kW PPA
House of worship - 692 kW PPA
692 kW
House of Worship - Central Valley, CA
We collaborate closely with our contractor partners. This project, in a CA irrigation district utility, required extensive contractor development work with the utility.
House of Worship - 389 kW PPA
House of worship - 692 kW PPA
House of worship - 692 kW PPA
389 kW
House of Worship - SoCal
ARC financed a PPA for this longstanding Baptist Church in Southern California. We have financed projects for most religions and denominations.