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Pacifico Power Partners with Sumitomo Corporation and Mitsubishi UFJ Financial Group for $93mm Multiphase Tax Equity Financing of Distributed Energy Projects

Jun 27, 2024•almost 2 years ago

Contract Type

partnership

EnergyRenewable EnergySolar

Description

Pacifico Power has partnered with Sumitomo Corporation and Mitsubishi UFJ Financial Group to finance a portfolio of solar photovoltaic (PV) plus battery energy storage system (BESS) projects totaling 27 MW of solar PV and 25 MWh of battery storage located in California and Massachusetts. The partnership aims to accelerate deployment of clean energy infrastructure nationwide.

Company Information

Company

Pacifico Power

About

Pacifico Power is a US-focused renewable power development, energy services, and financing subsidiary that partners with companies like Sumitomo Corporation and Mitsubishi UFJ Financial Group. They are involved in developing and constructing solar photovoltaic (PV) plus battery energy storage system (BESS) projects to accelerate deployment of clean energy infrastructure nationwide.

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