Financing

ACE Ventures maintains a direct and long-term relationship with all of our capital partners. Having worked extensively with many institutional investors we know their financial metrics and project requirements in order to bring the right projects to the right financier and speed up the entire project financing effort. We understand a bank’s requirements for debt financing, as well as a project’s requirements for tax equity investor’s.

Financing Structures

Basically there are three options for financing a Solar PV System:

Customer Cash Purchase – Our client self-finances a project, owning the project and making use of the electrical energy generated by the system as well as the Federal Investment Tax Credit (30% ITC) and State and Local financial and enviormental benefits.

Power Purchase Agreement (PPA) – Our client enters into a long-term agreement with a financial institution to purchase the solar energy generated, with a savings over current electric rates, and with no capital outlay by our client. The financial instuition owns the system and all the tax benefits and all other financial and enviormental attributes.

Land Lease – For areas in the United States where the local utility offers to buy solar power from third parties, our client could be a land owner or building owner who offers his land or building roof to a third-party financial instiltution who will in turn offer our client an attractive long term lease for the land or roof used to host the PV System, usually it’s a 20 year Land Lease structure, which is typically co-terminus with a 20 year Power Purchase Agreement (PPA) with the local utility.