From UtilityDive: King Energy has raised $10 million to accelerate the expansion of its solar financing and billing platform for multi-tenant commercial buildings, according to a news release Wednesday. The company’s business model consists of renting unused roof or...
Finance
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King Energy Secures $10 Million in Funding Led by ArcTern Ventures
King Energy Secures $10 Million in Funding Led by ArcTern Ventures to Scale Solar Solutions for Multi-Tenant Commercial Properties October 16th, 2024 – Durango, CO – King Energy, a pioneering provider of solar energy solutions for multi-tenant commercial properties,...
PRESS RELEASE: Sunstone Credit Finances $5 Million, 2.8 Megawatt Project Portfolio for King Energy in California
Sunstone’s latest commercial solar financing enables King Energy to deliver affordable solar power to over 60 tenants across seven shopping centers August 27, 2024 09:00 ET | Source: Sunstone Credit NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Sunstone Credit, Inc., a...
GRESB Reporting: Leveraging Solar to Improve ESG Performance
Sustainability is a hot button issue for most large-scale commercial operations, but many don’t know where to begin. With the evolving environmental legislation and increased focus on eco-friendly practices, not to mention the allure of going carbon neutral, investors...
Unlocking the 10% ITC Adder for Energy Communities
The Department of Energy recently released guidance on eligibility for a 10% Investment Tax Credit (ITC) adder for geographies that qualify as Energy Communities. This Energy Community benefit is one of three potential adders that were included in the 2022 Inflation...
Solving the Split Incentive Problem
The landscape of commercial real estate is changing rapidly, and it’s putting new pressures on tenants and owners alike. Utility energy rates are seeing massive upticks. Companies are adopting new ESG commitments. Up-and-coming sustainability trends are reshaping the...
The Green Lease: Future-Proofing CRE
It’s no surprise that the world is becoming more environmentally conscious. Society is taking note of carbon footprints and eco-friendly practices, and it’s having a steady impact on our home and work lives. Unsurprisingly, this has led to the rise of numerous...
Comparing Your Commercial Solar Financing Options
With rising utility energy rates and more interest in sustainability in the market, there’s never been a better time to finance commercial solar. These systems are here to stay, offering countless financial and environmental benefits. The biggest challenge for most...
Boosting Your Rent Roll with Commercial Solar
You treat your commercial property as an investment, and you want to get the most out of your money by staying up to date. If you’ve recently looked to revamp your amenities, the idea of commercial solar has probably come across your path once or twice. But, one of...
Rooftop vs. Carport: Choosing Where to Mount Solar Panels on a Commercial Property
When you invest in a solar program for a commercial property, should you mount the solar panels on the roof or a carport? Or both? Rooftop and carport programs have several differences that could be the determining factor for the placement of the solar panels. We...
Investment Platform Offers ‘By-the-panel’ Online Solar Investing
Legends Solar offers rooftop solar—without the roof. Legends Solar, a startup based out of Brooklyn, New York is creating a completely new product that would give everyday investors the ability to buy panels on commercial-scale solar projects and earn monthly...
How Will The Inflation Reduction Act Impact Commercial Solar in California?
What Is the IRA? The United States Government passed the Inflation Reduction Act (IRA) in August of 2022 in an effort to boost the economy. Supporting energy-saving investments is one of the major tenets of the IRA, and this has many implications for commercial solar...