BayWa r.e. introduced new financing for small commercial solar projects, adding to its existing residential solar financing. This addition, via exclusive partnership with Energy Partners Credit Corporation (EPCC), helps fill the underserved small-commercial market segment.
This addition aligns with BayWa r.e. Solar Systems’ distribution strategy to continue adding services that enable local solar companies to compete on a large scale. Boaz Soifer, responsible for the US-market and CEO of BayWa r.e. Solar Systems LLC, summarizes, “We’re excited to partner with EPCC to offer local solar installers in key geographies a compelling way to engage non-profits. This has long been an underserved market segment, and could again be neglected if the Federal Investment Tax Credit is reduced as planned at the end of 2016. Our dealer network can now make hay while the sun shines!”
EPCC was founded by a group of experienced tax equity investors and has financed hundreds of small commercial solar installations.