Empower and WGL Energy raised DG fund for PV Solar Projects
Empower Energies and WGL Energy Systems announced that they have launched a Distributed Generation Fund for photovoltaic (PV) solar projects, together with a leading global strategic tax equity investor.
Img Source: PRNewswire
With a two-year funding commitment, Empower and WGL Energy Systems plan to originate, develop, construct and manage rooftop, ground mount, and canopy PV solar projects through the DG Fund for commercial and industrial (C&I) customers, municipalities, universities, schools and hospitals.
The DG Fund enhances Empower’s ability to provide customers with The Right Mix of financing for solar solutions that deliver on an organization’s profitability, resiliency, and sustainability objectives.
Empower Energies is currently seeking high-quality PV solar project opportunities (rooftop, ground mount or canopy) for the DG Fund to augment its own project pipeline. Empower currently operates in most major solar markets across the United States.