San Diego's Ivy Energy partners with Sunwest Bank in $150 M of solar financing for multifamily homes
Last edited Fri Jun 17, 2022, 02:31 AM - Edit history (1)
Ivy Energy Inc. of San Diego, CA, and Sunwest Bank of Irvine, CA, have partnered to bring the benefits of solar energy to multifamily real estate owners and their residents.
Historically solar financing options have been nonexistent for multi-family owners. This has caused several owners to avoid investing in solar for their properties altogether.
In an effort to solve this problem, Sunwest has partnered with Ivy Energy to provide de-risked solar financing and a custom-tailored solar billing solution for multi-unit real estate owners and their residents.
Sunwest Bank is a full-service renewable energy financier for commercial buildings across the U.S. and is committed to delivering $150,000,000 in solar financing solutions for multifamily real estate owners.
The partnership helps multifamily owners maximize their return on investment while also minimizing their carbon footprint.
Ivy’s solar billing software, Virtual Grid, is the first solar billing software solution that enables property owners to deliver clean energy at a cost savings to residents in apartment buildings and townhomes.
At: https://www.einpresswire.com/article/577002789/ivy-energy-partners-with-sunwest-bank-to-deliver-150-000-000-of-solar-financing-for-multifamily-real-estate-owners
Sunwest Bank's Irvine, CA, headquarters.
An early and prominent small business lender in Orange County, Sunwest Bank is living up to its name with today's announcement of a commitment of $150 million in finance to boost solar panel installation by the area's burgeoning multi-family housing sector.
