1. Sunrock and Nelnet form tax equity partnership to finance distributed generation assets
2. Initial projects include solar energy assets in California, Illinois, New Jersey, and New York
3. Partnership aims to help local businesses, public entities, and nonprofits transition towards renewable energy for a cleaner, greener future
Sunrock Distributed Generation has partnered with Nelnet for a new tax equity partnership, focusing on financing and constructing distributed generation assets in states like California, Illinois, New Jersey, and New York. The collaboration aims to utilize Sunrock’s underwriting system and technology platform to develop more solar and clean energy projects. Initial projects are already in progress, with the goal of helping businesses and organizations transition to renewable energy sources.
Wilson Chang, CEO of Sunrock, expressed excitement about the partnership with Nelnet and the opportunity to expand their impact in the renewable energy sector. The collaboration is expected to drive cost savings and environmental benefits for local businesses, public entities, and nonprofits. Scott Gubbels, executive director of Renewable Energy at Nelnet, highlighted their commitment to sustainable projects and praised Sunrock’s expertise in developing and operating distributed generation assets. The partnership is seen as a significant step towards a cleaner and greener future for generations to come.