Seminole Financial Services Provides over $15 Million in Construction Loan Financing for Two Massachusetts Solar Projects totaling 7.3 MW

Belleair Bluffs, FL – September 30, 2014 –

Seminole Financial Services announces today the funding of two Massachusetts solar projects. The first is a $7.728 million construction loan to build and install of a 3.2 MW canopy-mounted solar system located at the Bristol Community College in Fall River, Massachusetts. The project is expected to produce over 3 million kWh of electricity in the first full year after the project’s commercial operation date.

 

The second Massachusetts solar project is a $7.9 million construction loan to build and install a 4.1 MW ground-mounted solar system located in the New Bedford Business Park in Dartmouth, Massachusetts. The project is expected to produce over 5 million kWh of electricity in the first full year after the project’s commercial operation date.