Energy Financing

Seminole Financial Services, LLC Finances Two North Carolina Solar Systems for ET Capital Totaling 11.5 MW

Belleair Bluffs, FL - April 12, 2016 – Seminole Financial Services ("Seminole"), a leading national lender in renewable energy, today announced the closing of $19.525 Million construction financing with ET Capital, a member of the ET Solar Group, to fund two solar systems located in the State of North Carolina. Located in Garysburg (Northampton County), North Carolina, the 6.5 MW ground-mounted LongFarm 46 Solar Project covers an area of approximately 45 acres and is expected to generate over 10.4 million kWh of clean energy in its first year of operation. The Hertford Solar Project, a 5.0 MW ground-mounted system located on approximately 35 acres in Hertford (Perquimans County), North Carolina, is anticipated to have an output capacity of nearly 10 million kWh of solar power in its first year.

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Seminole Equity Partners Provides Renewable Energy Tax Equity Financing in North Carolina for FLS Energy

Belleair Bluffs, FL - July 21, 2015 – Seminole Equity Partners ("SEP"), announced today it has closed on tax equity project financing with FLS Energy ("FLS"). The investment will enable the funding of approximately 35MW worth of solar systems located throughout the State of North Carolina.

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Seminole Financial Services and Seminole Equity Partners Combine to Provide “One Stop Shop” Debt and Equity Financing

Belleair Bluffs, FL - July 1, 2015 – Seminole Financial Services ("Seminole"), a leading renewable energy lender, together with its affiliate Seminole Equity Partners ("SEP") announced today the closing of debt and equity financing for a solar photovoltaic project portfolio expected to become operational in October, 2015.

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Seminole Financial Services Provides $5.55 Million Construction Loan to Finance 2.2 MW Solar System located in Lemoore, California

Belleair Bluffs, FL - May 8, 2015 – Seminole Financial Services announces today the funding of a $5.55 Million Construction Loan to partially fund the land acquisition and construction of a 2.2 MW DC ground-mounted, single axis tracking solar system located in Lemoore, Kings County, California. Once operational, the project is anticipated to produce over 4.2 million kWh of electricity annually.  

Seminole Equity Partners Provides Renewable Energy Tax Equity Financing in North Carolina for FLS Energy

Belleair Bluffs, FL - January 28, 2015 – Seminole Equity Partners ("SEP") announced today that it has closed on two new tax equity transactions, enabling the funding of approximately $25 million worth of solar systems in the State of North Carolina. The North Carolina transactions represent the first such tax equity financing investment between SEP and FLS Energy, a full service solar energy provider which owns and operates a portfolio of solar energy assets throughout the U.S. and headquartered in Asheville, North Carolina.

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Seminole Financial Services Provides $9.1 Million Construction Loan to Finance Two Adjacent Solar Installations in Adelanto (San Bernadino County), California

Belleair Bluffs, FL - December 29, 2014 – Seminole Financial Services announces today the funding of a $9.1 million Construction Loan to build and install two adjacent ground-mounted solar installations totaling 3.750 MW and located in Adelanto (San Bernadino County), California. The project is anticipated to produce over 7.5 million kWh of electricity annually, with Southern California Edison agreeing to purchase 100% of the power generated.  

Seminole Financial Services Provides $8.4 Million Construction Loan to Finance Uxbridge, Massachusetts Solar Project

Belleair Bluffs, FL - October 31, 2014 – Seminole Financial Services announces today the funding of a $8.4 million Construction Loan to build and install a 3.9 MW ground-mounted solar system located in Uxbridge (Worcester County), Massachusetts. The project is expected to produce over 4.7 million kWh of electricity in the first full year after the project's commercial operation date. It is anticipated the local utility company, Massachusetts Electric Company, will consume all power produced from the system.  

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.

Seminole Financial Services Provides Financing for 19.5 MW Wind Project in Clark, South Dakota

Belleair Bluffs, FL - September 25, 2014 – Seminole Financial Services announces today the funding of a $19.592 million construction loan to build and install an 11 Turbine Wind Project located in Clark (Clark County), South Dakota. The Project will have a total installed capacity of 19.5 megawatts, and is expected to produce a combined capacity of over 74 million kWh of electricity in the first full year after the Project’s commercial operation date.

Seminole Financial Services Surpasses Half a Billion Dollars in Renewable Energy Financing with Closing of 29.6 MW DC North Carolina Solar Project

Belleair Bluffs, FL - August 26, 2014 – Seminole Financial Services ("Seminole"), a leading national lender in Renewable Energy, announced today that with the closing of the 29.6 megawatts DC (MW) Halifax County Old Airport Solar Project located in Roanoke Rapids, North Carolina, Seminole has committed over $533 million in construction and permanent debt financing toward solar and wind installations located throughout the continental U.S. and Hawaii, for the equivalent of 183MW.

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