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SolaREIT Expands Revolving Credit Facility to $60 Million with Atlantic Union Bank and EagleBank

Mar 13, 2025over 1 year ago

Contract Type

partnership

ViennaEnergyReal EstateRenewable EnergySolar

Description

SolaREIT has expanded its revolving credit facility to $60 million with an increased commitment from Atlantic Union Bank and the syndication to EagleBank. The expansion reflects the financial community’s confidence in SolaREIT’s business model and team, allowing them to continue scaling their support for solar and storage projects across the country.

Company Information

Company

SolaREIT

Location

Vienna, Virginia, United States

About

SolaREIT™, based in Virginia, is an innovative real estate company focused on delivering real estate financing solutions for solar and battery energy storage developers. SolaREIT, a minority and women-owned business, was founded in 2020 as a Real Estate Investment Trust (REIT) by clean energy industry veterans with a proven track record in finance, project development, real estate, and community solar. The team is passionate about renewable energy and believes that solar and battery energy storage land financing plays a critical role in expanding the clean energy economy.

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