Twain Financial Partners is bringing both debt financing and Investment Tax Credit (ITC) equity to solar energy projects across the country. This move positions Twain as a one-stop shop for solar installers looking for installation financing, debt and tax equity.
Twain makes equity investments in solar projects that qualify for and generate ITCs through its Tax Equity Funds. Additionally, Twain offers predevelopment loans, permanent debt products, and has raised over $100MM in construction debt capital.
Read More:Â Blockchain Safety: Why You Should Create a New Bitcoin Address Every Time?
To date, Twain has funded 13 projects in total. These solar investments have been made in Illinois, California, Maryland, North Carolina and New York.
“Twain has committed to becoming a major player in this transformational space and we are excited to see our efforts come to fruition,” said Matt Guymon, Twain’s Director of Investments and General Counsel. “As a single source financing option for solar installers in the clean energy sector, Twain remains dedicated to the expansion of opportunities that will help build on a renewable energy economy and we look forward to working with installers and other market participants as we look to expand and invest more capital into the space.”
Read More: Kraken Donates $250,000 to Advance Ethereum’s Blockchain Upgrade Efforts
Twain Financial Partners is an investment management firm located in St. Louis, Missouri with over $4 billion in assets under management within the public-private partnership sector. The firm works with a wide variety of investment types, specializing in tax credit, structured debt and real estate transactions. Twain works closely with financial institutions and corporations to structure and manage investments that offer both attractive economic return and social benefits.
Read More: Currency Agnostic Blockchain Debuts for Global Trade