New Energy Equity Commits Financing for Georgia Power’s Advanced Solar Initiative

04/21/2014

New Energy Equity LLC announced today that the company has committed $10 million investment financing for qualified projects that receive awards under the Georgia Power Advanced Solar Initiative (ASI) program for 2014. Under Georgia Power’s program, developers and construction companies submitted applications by April 4, 2014 for consideration under the Small and Medium Scale Programs. The Small Scale program is for projects up to 100 kilowatts while the Medium Scale program is for projects up to 1 megawatt in size. Awards will be announced in early May, with a projected completion for all projects by the end of 2014. New Energy Equity will provide investment and financing resources for awarded projects through this financing program. Interested developers, project owners, hosts, and construction companies (EPCs) should contact the Company at info@newenergyequity.com for further information.

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New Energy Equity specializes in the financing and development of commercial and small utility renewable energy projects. The company focuses on transactions within the United States ranging from 200kW to 5MW. New Energy Equity works with investors, both public and private, to provide dependable financing resources for the development and completion of end-to-end renewable energy transactions.

New Energy has the resources, expertise and experience to handle all aspects of development, construction and long-term asset management. The company brings together more than 50 years of experience developing projects in the solar, telecom, corporate finance and construction industries.

For more information please visit New Energy Equity’s website at www.newenergyequity.com.  To stay up-to-date on current news, follow New Energy Equity on Twitter and LinkedIn