Saratoga - Solar Land Partners (SLP)today announced that they facilitated the sale of approximately 470 MWs of utility-scale solar PV projects in the second quarter of 2012.
SLPprovided technical, financial, and legal due diligence for the Energy Infrastructure Division of a multi-billion dollar international conglomerate, enabling its client to significantly expand its solar PV portfolio in the U.S utility-scale market, securing 8 projects across the U.S., totaling more than 170 MW. Subsequent to this support, the global entity formed a partnership with a major U.S. developer to further advance these projects to successful completion.
In a separate transaction, SLP provided a focused marketing program for a large developer with significant operating assets, enabling it to sell a 300 MW portfolio to one of the largest International developers entering the U.S. utility-scale solar farm development industry. SLP supplied guidance, evaluation and present market value positioning for the portfolio owner.
"The renewable energy markets are a complex maze of regulations, national and regional program rules, interconnection issues, financial uncertainties, and competition. We are very appreciative to have worked with such established international firms on these transactions," Said John Barnes, President and CEO of SLP.
Source: Solar Land Partners