SCS Renewables, Inc. has been invited to join an NREL industry working group to advance solar securitization. The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) recently convened the Solar Access to Public Capital (SAPC) working group with a mission to enable securitization of solar PV assets and associated cash flows in the marketplace.
According to the press release:
“SAPC will provide a forum for some of the leading voices in the industry to discuss the range of barriers, risks, opportunities, and best practices in the creation of a solar securities market. Public capital vehicles can take various forms including asset-backed securities, master-limited partnerships, real estate investment trusts, or various debt products. The NREL-led effort is funded under the DOE’s Sunshot Initiative.”
In addition, Tim Keating from SCS Renewables will be taking part in an industry webinar co-sponsored by SolarTech and NREL entitled “Can Finance Be Easier?” on March 22, at 10 a.m. MT. Anyone interested in viewing the webinar can register online at: https://www3.gotomeeting.com/register/241390118.
About SCS Renewables, Inc.
Based in Silicon Valley, SCS Renewables, Inc. was founded in 2009 with the purpose of bringing business process efficiency to the renewable energy market. SCS Renewables developed the SaaS based Mercatus™ solar project diligence and acquisition platform for investors and originators of solar assets. Our mission is to enhance the speed and efficiency of solar asset class acquisition teams by deploying internet technology with embedded domain knowledge and workflow tools. SCS Renewables has reviewed and rated over 3 GW of solar projects and has enabled over $150M of investments and partner transactions to date.