We maximize the value of client resources through commercial solar financing & PPA options.

Borrego Solar provides commercial solar and energy storage financing solutions for businesses, schools and the public sector. Since we provide financing through our preferred partners we can identify the best-value solution for your organization allowing you to finance your project -on or off-balance sheet.

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Power Purchase Agreements (PPAs)

Our finance team has successfully financed over $600M of commercial solar PPAs, giving our customers the ability to purchase power without the upfront capital. With a PPA, solar customers lock-in a $/kWh for energy, avoid the volatility of utility rates, and can accurately budget their next 20 years of energy costs. Another benefit to a PPA is that it shifts the risk of a PV asset performing to the investor who owns the project. As the entity purchasing the power you don’t have to worry about operations and maintenance costs.

Property Assessed Clean Energy (PACE)

PACE financing is a unique low-cost financing option only available for investments in clean energy and energy efficiency. PACE financing can be utilized by any property owner who pays property taxes. PACE works for both owner-occupied and non-owner-occupied properties and allows for 20-30-year financing of solar and energy storage equipment at very low effective interest rates. PACE solar projects usually allow building owners to generate positive cash flow in year 1 and generate excellent returns over 20-30 years.

Leases

Capital and operating leases are available to commercial entities and Tax Exempt Municipal Leases are available to public entities. Similar to a PPA, they allow customers to go solar without the upfront capital investment, but unlike a PPA, maintenance and operation of the solar project is the responsibility of the lessee. Regular lease payments are offset by the value of the energy savings from the solar and/or energy storage equipment and usually come in 10-20 year terms. Tax exempt municipal leases can provide significantly higher savings than PPAs for public sector customers.

“Borrego was a great partner for Madera Community Hospital. They worked closely with local electrical contractors to build a 1-megawatt installation on six acres of unused land adjacent to the hospital. Their integrated financing was easy to navigate, and the funds needed to build the project were available once we were ready to proceed.”

—Mark Foote, CFO, Madera Community Hospital

Let’s get started: call 1-888-898-6273