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Funds for solar

CEO of Solco, Anthony Coles, a listed wholesaler and distributor of solar aims to bring together investors to create a $100 million special purpose fund to help the roll out of renewable energy projects including solar.

The main aims of these investment funds were to address the difficulty of obtaining power purchase agreements, as well as the cost of capital, to provide additional benefits for the investors as well as to be able to easily invite in large projects, following the US models. This further allows these companies and investors to operate in the post rebate world, as mentioned by Coles.

Have a read: http://reneweconomy.com.au/2012/solco-eyes-100m-fund-to-attack-cost-of-capital-93144

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