GreenBiz.com Quotes Greg Jenner on New Financing Options for Clean Energy

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"We are right at the beginning of what I would describe as an evolutionary process in solar finance."

Partner Greg Jenner was quoted in a GreenBiz.com blog post titled “6 Trailblazers banking on clean energy finance.” The article discusses the growth of new funding options for clean energy projects, driven in part by the formation by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) of two solar lending working groups. Stoel Rives is a member of the NREL-led Solar Access to Capital working group.

Jenner, co-chair of the Stoel Rives energy practice, said that recent innovations in clean energy finance consist mainly of two types: standardization of residential and commercial solar project power purchase agreements, loans and leases for pooling into solar asset-backed securities for sale to investors; and the advent of “yield cos,” companies that developers set up and take public in order to monetize their interests in power plants and to access lower capital costs. "We are right at the beginning of what I would describe as an evolutionary process in solar finance," added Jenner.

Read the full article “6 trailblazers banking on clean energy finance,” published by GreenBiz.com, June 30, 2014.

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