Green Solar Finance Bags Services Contract From SunDurance Energy

Published: 04-Feb-2010

Green Solar Finance has bagged a services contract from SunDurance Energy to assist the company in securing project financing for its solar clients.

Green Solar Finance will develop a project finance program for SunDurance Energy to offer clients a favorable cost of capital from selected capital sources. SunDurance Energy will provide project financing options to clients by establishing long term relationships with financing sources.

The objective of the partnership is to integrate the financing process into designing and building of solar power platforms.

Al Bucknam, CEO of SunDurance Energy, said: “We are pleased to partner with Green Solar Finance to enhance our customer service offering with real time pricing and structuring. Green Solar Finance will provide the project finance expertise to accelerate the growth of our company by adding this strategic element to our core business of developing, designing, building and operating solar power solutions.”

David McGann, CEO of Green Solar Finance, said: “SunDurance Energy‘s deal flow and megawatt-scale focus provide a perfect platform for Green Solar Finance to implement our finance capabilities and bring projects to a successful close.”

SunDurance Energy develops, owns, and operates megawatt-scale solar power platforms for corporations, government entities and utilities.

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