Alta Energy And Sol Systems Announce Strategic Partnership For Commercial Solar Deployment

Nov 14, 2013, 07:02 ET from Sol Systems

SAN MATEO, Calif., Nov. 14, 2013 /PRNewswire/ -- Alta Energy and Sol Systems today announced a strategic partnership that enables efficient third party financing of solar projects for commercial and industrial (C&I) property owners.  By leveraging the complementary strengths of Alta Energy's site analysis and renewable energy marketplace and Sol Systems' due diligence and project financing expertise, C&I property owners will be able to access lower energy prices through long-term Power Purchase Agreement ("PPA") contracts, reducing their operational costs as well as helping them to achieve their corporate sustainability goals.

Alta Energy VP of Business Development, Howard Lee said, "Sol Systems brings a long track record and extensive expertise in project financing and structuring of solar project investments for both developers and investors.  Their economic analysis, underwriting, and financing skills make them the perfect partner in our efforts to service our C&I property owner clients and help them achieve their operational cost savings and sustainability goals."

George Ashton CFO of Sol Systems said, "Alta Energy is a trusted and objective third party advisor to C&I property owners. After determining the best sites for solar, Alta Energy is also able to maximize the economics of the project for C&I property owners through their own engineering expertise and the use of their vendor marketplace. The combination of our due diligence and project financing expertise along with Alta Energy's marketplace, expertise in identifying qualified site hosts and ability to work closely with site hosts on key project development tasks will create a strong value proposition for C&I property owners."

Alta Energy is an independent solar analytics and procurement company that enables commercial property owners to identify and complete cost-effective solar projects with confidence. As an objective third party, Alta Energy helps owners of retail, industrial and office buildings evaluate the business case for solar using a consistent, comprehensive model, and then monitors market and policy conditions for the best solar deployment opportunities. Alta Energy's multiple bid process ensures that property owners select the right solar vendors and the best terms for each project.

Sol Systems is a boutique financial services firm that offers investor clients direct access to the renewable energy asset class and provides developers with sophisticated project financing solutions. Founded in 2008, Sol Systems focuses on meeting the most critical needs of the industry, including SREC monetization, capital placement, tax equity, and New Market Tax Credits. To date, the company has facilitated financing for thousands of projects and facilitated hundreds of millions in investment on behalf of Fortune 100 companies, private equity, family offices and individuals. For more information please visit

Kathryn Huber
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SOURCE Sol Systems