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Sunrock taps Nelnet for solar tax equity partnership

admin by admin
April 11, 2024
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Sunrock taps Nelnet for solar tax equity partnership
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Sunrock

Sunrock Distributed Generation, a commercial solar and clean energy development and management platform, announced a new tax equity partnership with Nelnet.

The partnership combines the expertise of Sunrock and Nelnet to finance and construct ongoing portfolios of distributed generation assets across several states including California, Illinois, New Jersey, and New York. The construction of initial projects is already underway.

“Sunrock is thrilled to announce our financing partnership with Nelnet, Inc, which will enable us to build even more solar and distributed generation assets originated and developed using our proprietary underwriting system and automated technology platform,” said Wilson Chang, CEO of Sunrock. “Together, Sunrock and Nelnet are on a journey to help local businesses, public entities and nonprofits save money and transition towards renewable energy, while contributing to a cleaner, greener future for generations to come,” he adds.

“Our partnership with Sunrock furthers Nelnet’s commitment to renewable energy projects that deliver tangible environmental and economic benefits,” said Scott Gubbels, executive director of Renewable Energy at Nelnet. “We are excited to be working in close partnership with Sunrock’s experienced team of financiers and operators in scaling out the origination, development and construction of a diversified portfolio of distributed generation assets.”

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