Solar + storage software provider Energy Toolbase has added a financial integrations feature within its ETB Developer platform that will generate instantaneous financing quotes from third-party financial providers.
ETB Developer is used by project developers and energy service companies to optimize and present the economics of solar + storage projects. For 8 years, ETB Developer users have been able to configure and model any type of project financing solution, including a cash purchase, PPA (power purchase agreement), loan, or lease.
This new release eliminates the need to move across multiple applications to generate a full financial model proforma, which incorporates both project finance specifications with avoided cost and other project cash flows. Plus, developers can more swiftly optimize financing with the other parameters of their project.
The first financial partner to jump on board is Green Bridge Energy. Based in Raleigh, North Carolina, Green Bridge specializes in providing clean energy financing solutions, including PPA’s and operating leases to the non-residential sector. Typical counterparties that Green Bridge serves include MUSH markets (Municipal and State governments, Universities and Colleges, K-12 schools, and Hospitals), non-profits such as churches, and C&I customers such as office, retail, industrial, and warehouse-type facilities. ETB users can utilize the integration to generate Green Bridge initial indicative quotes in all 50 states.
“We are incredibly excited to be partnering with Energy Toolbase and bringing sophisticated capital to the clean infrastructure market and ETB Developer users,” said Byrne Huddleston, CEO of Green Bridge Corporation. “Providing streamlined access to institutional capital for solar, energy storage, and EV charging projects will allow developers to grow their businesses and drive more margin from their deals.”
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