Churchill Stateside Group completes Tax Equity Funds to finance over $390 million in solar projects
Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, has announced the closing of three tax credit equity funds for the development of over 140 MW of solar energy across ten projects located throughout North Carolina, Idaho, and Oregon (US).
Since 2012, CSG’s tax credit equity funds and debt products have successfully financed over US$750 million of solar energy installations while delivering quality projects and financial results to investors as forecasted.
Keith Gloeckl, Chief Executive Officer for CSG said:
“The closing of Solar Funds V, VI, and VIII is a testament to CSG’s ongoing commitment to renewable energy across the nation. I would like to commend our team’s efforts and persistence in closing these state and federal tax equity funds.”
Devin Sanderson, Chief Operating Officer and Director of Renewable Energy for CSG, said:
“CSG continues to grow its platforms in offering debt and tax equity financing as we strive to be the most respected investment manager of solar energy assets in the industry. None of this could be accomplished without the ongoing trust and confidence of our investor and developer partners.”
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