Innovative Solar selling 9 solar farms in southeast
Written By: Stratton Report
March 31, 2016
On March 31, Innovative Solar Systems, LLC announced it is accepting bids from potential buyers of nine utility scale solar farm projects that the company has under construction in the southeastern United States.
According to Innovative Solar, financial models for these projects indicate an approximate return of 15% for the Debt Equity Investor and about a 35% return for the Tax Credit Investor.
According to Innovative Solar, the company is funding the construction and the projects will be sold either during construction or at full commercial operation date.