News

Seminole Financial Services Provides Financing for 2.2 MW Solar Project in Charlotte, Vermont

Belleair Bluffs, FL - May 13, 2014 – Seminole Financial Services announces today the funding of a $4.8 million construction loan to build and install a 2.2 MW ground-mounted solar array being constructed on a 15 acre land parcel located approximately 35 miles west of Montpelier, Vermont, and 108 miles south of Montreal, Quebec (Canada), in Charlotte, Chittendon County, Vermont. Once complete, the system is expected to produce approximately 3.05 million kilowatt-hours of electricity in the first year.

Seminole Financial Services Provides $11.304 Million in Equity Financing for University of New Mexico

Belleair Bluffs, FL - September 5, 2013 – Seminole Financial Services announces today the closing of equity financing in the amount of $11.304 Million to fund the construction of a cottage-style 162-unit (786-bed) student housing community serving students at the University of New Mexico, known as The Cottages of Albuquerque located in Albuquerque, New Mexico. The project will be situated on a 21-acre parcel in the southern portion of Albuquerque, New Mexico, approximately three miles from the academic center of the University of New Mexico's central campus. Using thirteen different "cottage-style" designs of varying sizes, including standalone cottages, duplex cottages and townhouse, the master plan of the neighborhood will also feature numerous open space areas surrounded by regionally-appropriate landscaping.   Founded in 1889 as New Mexico's flagship institution, the University of New Mexico is the state's largest post-secondary school in terms of enrollment. UNM is a public research university with more than 29,000 students at the school's main campus, and includes 12 colleges and schools across a total of six campus locations (including the main campus in Albuquerque).  

Community Wind Projects May Benefit From Creative Financing Methods

At a time when traditional financing is difficult to attract - especially for riskier projects - developers are forced to think outside of the norm to obtain project financing.

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