Texas Could See $100 Million In Solar Investments

A deal announced Monday could mean a $100 million towards solar projects in Texas. Austin-based solar power company PowerFin Partners will develop and build the projects and Toronto-based real estate investors Fengate will finance the deals as part of today’s announced co-development deal.

“Financing of solar projects is pretty difficult,” said Tuan Pham, president of PowerFin. “(The deal) allows Fengate to focus on the financing and us to focus on the operating, development, and construction.”

Source: Texas Could See $100 Million In Solar Investments | Texas Public Radio


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