SolaREIT, a solar real estate investment fund, and funds managed by AB CarVal, a global alternative investment manager, recently closed a significant investment deal. With an initial investment of $100 million and the potential to raise an additional $250 million, the aim is to propel the growth of SolaREIT’s renewable land, lease, and loan financing solutions.

Launched in late 2020, SolaREIT has quickly made a mark by offering an innovative model for financing solar energy real estate projects. The company also provides compensation options to landowners who host solar farms and battery storage projects on their properties. Since its inception, SolaREIT has successfully collaborated with developers and landowners nationwide, facilitating the development of several hundred megawatts of renewable energy deployment.

AB CarVal, a prominent player in the alternative investment landscape, has allocated over $4 billion to clean energy investments since 2017. Their extensive experience encompasses a broad spectrum of investments including solar and storage hard assets, private financings, solar loans, and solar asset-backed securities.

By combining their expertise and resources, SolaREIT and AB CarVal aim to accelerate the expansion of renewable energy infrastructure. This collaborative investment will drive the deployment of cutting-edge technologies and enable the realization of sustainable energy solutions.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.