Tax Equity Financing for Renewable Energy Projects in North Carolina, Idaho and Oregon
CLEARWATER, Fl., September 8, 2016 —Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the closing of three tax credit equity funds for the development of over 140 megawatts of solar energy across ten projects located throughout North Carolina, Idaho, and Oregon.
Since 2012, CSG’s tax credit equity funds and debt products have successfully financed over $750 million of solar energy installations while delivering quality projects and financial results to investors as forecasted.
“The closing of Solar Funds V, VI, and VIII is a testament to CSG’s ongoing commitment to renewable energy across the nation.” said Keith Gloeckl, Chief Executive Officer for CSG. “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.”
About Churchill Stateside Group
Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction and permanent financing solutions. CSG has long-standing and successful investment relationships with numerous corporate investors, pension funds, and insurance companies. The company’s investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer.
For more information, please visit www.CSGfirst.com.