Solareit Solareit of Solar and Battery Energy Storage real estate, Solareit has announced the closing of a land acquisition for 112 MW from Headwater EnergyD.C Solar project in North Carolina. Headwater Energy worked closely with Solareit to ensure a smooth and efficient transaction. Gum Swamp Solar will generate clean energy to power the equivalent of 17,000 North Carolina homes annually.
“Developers need reliable, efficient partners who can execute transactions quickly and with minimal friction,” said Laura Pagliarulo, CEO and co-founder of Solareit. “We are excited to be working with Main Water Energy as their team has an excellent track record of success in building high-quality solar assets. In a bidding market, Solareit offers developers reliable real estate financing that removes variables from their cost of capital equation. ”
The Gum Swamp Solar Project shows how strategic land acquisitions can accelerate solar energy development. By purchasing the project land, Solareit allows developers to redirect capital to cover other critical costs for projects in their pipeline. This approach is particularly valuable in today’s marketplace, where reliable and efficient capital implementation is critical to project and pipeline success.
News item from Solareit