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Fundamental Renewables Provides Financing To Summit Ridge Energy For Construction Of Two Energy Storage Projects

Jun 08, 2022•over 3 years ago

Description

Fundamental Renewables, formerly MMA Energy Capital, an established provider of debt financing for renewable energy projects, and Summit Ridge Energy ("Summit Ridge"), the nation's leading owner-operator of community solar assets, today announced the closing of two loans with Fundamental Renewables providing Summit Ridge a combined total of approximately $15 million in project financing for two energy storage assets.

Company Information

Company

Fundamental Advisors

About

Fundamental Advisors is a leading alternative asset manager dedicated to municipal, public purpose and community assets. Founded in 2007, the firm is focused on targeting control oriented investments in stressed and distressed assets or securities, financing the development or revitalization of public purpose or community assets, and acquiring undervalued securities in the secondary market. Fundamental invests through a range of vehicles that capitalize on the growing opportunity set in the municipal market. For more information, please visit www.Fundamental.com.